Friday, May 28, 2021

SEC says group illegally raised $2B in crypto offering


WASHINGTON (AP) — Federal regulators have accused a group of people of promoting a securities offering tied to digital currency that raised over $2 billion from retail investors without being properly registered. The Securities and Exchange Commission filed the civil lawsuit Friday in federal court in Manhattan. It alleges that an outfit called BitConnect used […]

source https://www.seattletimes.com/business/sec-says-group-illegally-raised-2b-in-crypto-offering/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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