SEC shuts down initial coin offering scam that had raised $600M

The U.S. Securities and Exchange Commission has obtained a court order to shut down a company that had already raised $ 600 million in an initial coin offering. Called AriseBank, the company was selling tokens to assist in establishing the “first decentralized bank to offer the first and largest cryptocurrency banking platform in the world.” In a media […]

The post SEC shuts down initial coin offering scam that had raised $ 600M appeared first on SiliconANGLE.

SiliconANGLE

Play
Slider