SEC Charges 'Real Estate and Diamond' ICO With Fraud – Bitcoin News (press release)


Bitcoin News (press release)

SEC Charges 'Real Estate and Diamond' ICO With Fraud
Bitcoin News (press release)
On September 29th 2017, the U.S. Securities Exchange Commission (SEC) charged an Initial Coin Offering (ICO) operator with fraud. The ICO project in question, REcoin, claimed their token was the “first ever cryptocurrency backed by real estate,” and
SEC Files Charges Against Fraudulent Real Estate And Diamond-Backed Token Offering CompaniesETHNews
SEC Charges ICO: US Agency Takes Action Against Alleged Token ScammerCoinDesk
SEC.gov | SEC Exposes Two Initial Coin Offerings Purportedly Backed by Real Estate and DiamondsSEC.gov

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