TRON (TRX) Launching Million Dollar Program to Accelerate Cryptocurrency Projects – Michael del Castillo

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The U.S. Securities and Exchange Commission has settled charges against two initial coin offerings that raised a total of $27 million selling unregistered securities tokens using the ethereum blockchain. CarrierEQ, the Boston company behind a $15 million ICO for Airfox, a project to bring mobile banking to emerging markets, agreed to pay a $250,000 penalty and return the funds it raised. Online startup Paragon agreed to pay a $250,000 penalty and return the $12 million it raised by selling tokens on the ethereum blockchain to build a platform for the sale of legalized marijuana…………….

Read more: https://www.forbes.com/sites/michaeldelcastillo/2018/11/16/sec-escalates-measures-against-shady-ethereum-icos-with-pair-of-charges/#766980f31fb8

 

 

 

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