The SEC Targets ICOs for Enforcement
I am always amazed at how “business” entrepreneurs ignore enforcement risks in the face of specific warnings from regulators. The SEC and the CFTC have made it clear to the emerging initial coin offering (ICO) and cryptocurrency markets that they intend to vigorously monitor and enforce securities and commodities regulations against the burgeoning industry. Yet, the latest vehicle for scams continue unabated, driven by greed...