Facing False Fears: The SEC's Attempt to Intimidate the Cryptocurrency Industry
Published 2018-10-25 06:08 - (23112 Reads) -During 2018 the US Securities Exchange Commission (SEC) has been sending letters, and in some cases summonses, to crypto firms with a presence inside the USA. This has generated a great deal of consternation, and created a chilling effect on innovation and fundraising, particularly by ICOs. In this article we examine the actual laws and procedures governing such actions by the SEC, in order to examine possible responses by a target, and hopefully determine whether all this concern is really justified.