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The U.S. Securities and Exchange Commission (SEC) said Wednesday it has settled charges against U.K.-based Blotics, the operator of Coinschedule.com, for violating the anti-touting provisions of federal securities law. The SEC alleges Coinschedule, a once-popular website that profiled initial coin offerings (ICOs) from 2016 to 2019, was secretly receiving compensation from the issuers of the digital assets it was profiling.
By CryptoLogicJohn5
11 ratings
The U.S. Securities and Exchange Commission (SEC) said Wednesday it has settled charges against U.K.-based Blotics, the operator of Coinschedule.com, for violating the anti-touting provisions of federal securities law. The SEC alleges Coinschedule, a once-popular website that profiled initial coin offerings (ICOs) from 2016 to 2019, was secretly receiving compensation from the issuers of the digital assets it was profiling.