Difference between revisions of "Cryptocurrency fraud"

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=='''SEC Files Emergency Actions to Enjoin Cryptocurrency Fraud'''==
=='''SEC Files Emergency Actions to Enjoin Cryptocurrency Fraud'''==


In late September 2017, the SEC sought an emergency order to freeze the assets of Maksim Zaslavskiy and his companies for selling digital tokens or coins that do not really exist.  Zaslavskiy touted REcoin as “The First Ever Cryptocurrency Backed by Real Estate” and claimed that he raised $2 million and $4 million from investors when the actual amount is approximately $300,000, Click here to read the complaint.  The SEC alleges that Zaslavskiy engaged in securities fraud and engaged in the unlawful sale and offer to sell unregistered securities.
In late September 2017, the SEC [https://www.sec.gov/litigation/complaints/2017/comp-pr2017-185.pdf sought an emergency order] to freeze the assets of Maksim Zaslavskiy and his companies for selling digital tokens or coins that do not really exist.  Zaslavskiy touted REcoin as “The First Ever Cryptocurrency Backed by Real Estate” and claimed that he raised $2 million and $4 million from investors when the actual amount is approximately $300,000, Click [https://www.sec.gov/litigation/complaints/2017/comp-pr2017-185.pdf here] to read the complaint.  The SEC alleges that Zaslavskiy engaged in securities fraud and engaged in the unlawful sale and offer to sell unregistered securities.


=='''SEC Seeks to Enjoin $15M Fraudulent Initial Coin Offering'''==
=='''SEC Seeks to Enjoin $15M Fraudulent Initial Coin Offering'''==