SEC Sues 2017 ‘Zombie Coin’ to Expand its Regulatory Boundaries
blog.silvermint.net
Another day, another loaded SEC “regulation by enforcement” action. The SEC is suing startup founder John Joseph Roets and three entities he controls — Dragonchain, the Dragonchain Foundation and The Dragon Company — for raising $16.5 million in unregistered cryptoasset securities offerings.
SEC Sues 2017 ‘Zombie Coin’ to Expand its Regulatory Boundaries
SEC Sues 2017 ‘Zombie Coin’ to Expand its…
SEC Sues 2017 ‘Zombie Coin’ to Expand its Regulatory Boundaries
Another day, another loaded SEC “regulation by enforcement” action. The SEC is suing startup founder John Joseph Roets and three entities he controls — Dragonchain, the Dragonchain Foundation and The Dragon Company — for raising $16.5 million in unregistered cryptoasset securities offerings.