September 12, 2018 BY Valentina Kirilova

FINRA takes its first-ever disciplinary action involving cryptocurrencies

FINRA has just announced that it filed a complaint against Timothy Tilton Ayre of Agawam, Massachusetts, charging him with securities fraud and the unlawful distribution of an unregistered cryptocurrency security called HempCoin. This case represents FINRA’s first disciplinary action involving cryptocurrencies. In the complaint, FINRA alleges that, from January 2013 through October 2016, Ayre attempted…

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