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SEC Reportedly Subpoenas Companies and Advisers Over ICOs (axios.com) 10

An anonymous reader writes: The U.S. Securities and Exchange Commission has issued subpoenas and information requests to "scores" of companies and advisors involved with initial coin offerings (ICOs) and digital token sales, according to the Wall Street Journal.
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SEC Reportedly Subpoenas Companies and Advisers Over ICOs

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  • It takes them 2+ years to realize that a major scam is taking place where the proponents are just using different names for what otherwise would be considered equity. It's childish to think that because something is not named IPO but ICO, it should be free of existing govt regulation.

"You show me an American who can keep his mouth shut and I'll eat him." -- Newspaperman from Frank Capra's _Meet_John_Doe_