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By Cole Petersen | News BTC | 4 years 7 months ago | crypto-news
The United States Securities and Exchange Commission has filed an emergency lawsuit in a Brooklyn federal court in an attempt to prevent a somewhat popular ICO from spending the money that was raised from the issuance of its cryptocurrency. News of this emergency filing instantly led to a massive dump for Veritaseum, which raised a total of nearly $15 million from an Initial Coin Offering in mid-2017...
By Nivesh Rustgi | CoinGape | 4 years 7 months ago | crypto-news
The SEC has filed an emergency lawsuit against Reginald Middleton , Verisatium Inc. , and Verisatium LLC. to prevent them from spending the money raised from their ICO. The SEC has claimed that the entire ICO which raised about $14.8 million was a scam. The people behind VERI tokens created a facade of massive proportions, while no real project or business was backing its value. The SEC filing...
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