
The World’s Biggest ICO Settles with the SEC for Securities Violation
Block.One, which conducted the world’s biggest initial coin offering (ICO) last year, has agreed to settle with the Securities Exchange Commission (SEC) for an unregistered sale of securities. As part of the settlement, Block.One will pay a one-time penalty of $24 million. The federal agency noted that Block.One conducted its offering after publication of the DAO Report of Investigation, a 2017 report that examined the … Continue reading The World’s Biggest ICO Settles with the SEC for Securities Violation