SEC reaches $24 million settlement with EOS parent firm Block.one

SEC reaches $24 million settlement with EOS parent firm Block.one

EOS maker Block.One has agreed to pay $24 million in penalties for conducting an unregistered securities sale, the US SEC announced Monday. The SEC said that Block.One ’raised the equivalent of several billion dollars’ over a one-year period in an unregistered initial coin offering (ICO).

KCooper
KCooper
Top in Crypto
Get the App