November 14, 2017
A New York federal judge on Monday entered a preliminary injunction freezing the assets of a Brooklyn businessman whom the U.S. Securities and Exchange Commission has accused of swindling investors through so-called initial coin offerings purportedly backed by real estate and diamonds.
October 02, 2017
The U.S. Securities and Exchange Commission has issued its first fraud charges involving so-called initial coin offerings, alleging in New York district court Friday that a businessman and two companies swindled investors through ICOs purportedly backed by real estate and diamonds.