Weekly News Roundup 09/18/20 (Why Wyoming's SPDI is so exciting, a shift in tone from the SEC, Microstrategy keeps stacking) (EP.127)
On The Brink with Castle Island
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SEC Enforcement Actions in the Cryptocurrency Market
The SEC required that unicorn ink permanently disable the token and get it delisted from exchanges. The company is being wound down and the remaining funds are being paid back to investors now. There weren't really any allegations of fraud per se in this specific case but they sold securities without registering.
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