December 11, 2017 BY LeapRate Staff

$15 million ICO of restaurant review iPhone app Munchee pulled on registration concerns

A California-based company selling digital tokens to investors to raise capital for its blockchain-based food review service halted its initial coin offering (ICO) after being contacted by the U.S. Securities and Exchange Commission (SEC), and agreed to an order in which the SEC found that its conduct constituted unregistered securities offers and sales. According to…

Read more