October 01, 2017 BY LeapRate Staff

Maksim Zaslavskiy, REcoin Group Foundation and DRC World charged in Initial Coin Offering (ICO) fraud

The U.S. Securities and Exchange Commission today charged a businessman and his two companies with defrauding investors in a pair of so-called initial coin offerings (ICOs) purportedly backed by investments in real estate and diamonds. The SEC alleges that Maksim Zaslavskiy and his companies have been selling unregistered securities, and the digital tokens or coins…

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