SEC wins $16M case against ICOBox

SEC wins $16M case against ICOBox

ICOBox has been ordered to repay $16M to the US SEC for acting as an unregistered broker. The SEC started the action against ICOBox in September 2019, as part of its series of court cases and fines against prominent ICO projects. ICOBox is alleged to have not only sold its own ICOS token, but also helped raise up to $650 million for more than 30 clients.

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