securities law – Page 2

US Regulator Moves to Sanction Plexcoin’s Lacroix and Paradis-Royer

September 27, 2018 by DIGIT

United States Security and Exchange Commission (SEC) is reportedly seeking further sanction against alleged crypto scammers Dominic Lacroix and Sabrina Paradis-Royer of Plexcoin fame. According to Maria Nikolova of Financefeeds, the two continue to defy court orders. Also read: 3D Gun File Company Reorganizes After Cody Wilson Resigns SEC to Further Sanction Alleged Crypto Scammers … Read more

SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token

August 15, 2018 by DIGIT

The U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.” The token sale failed to raise money but the tokens were issued as part of a bounty program, which … Read more