4 ms·
The article is very misleading here. The cease-and-desist letter is clearer[0]. They intended to raise $15 million, but the SEC stopped them within a day of t
by pcmonk 9y ago
The article is very misleading here. The cease-and-desist letter is clearer[0]. They intended to raise $15 million, but the SEC stopped them within a day of their ICO launch, when they had only raised about $60,000
[0] https://www.sec.gov/litigation/admin/2017/33-10445.pdf https://www.sec.gov/litigation/admin/2017/33-10445.pdf Fact 27