SEC files charges against Quantstamp for $28M initial coin offering By Cointelegraph
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Blockchain security firm Quantamp is set to return $28 million raised in a 2017 initial coin offering (ICO) following charges brought by the United States Securities and Exchange Commission.
The U.S. agency announced that it had formally charged the California-based firm on July 21 for conducting an unregistered ICO of “crypto asset securities.” According to the SEC’s statement, Quantstamp agreed to settle the charges.
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Blockchain security firm Quantamp is set to return $28 million raised in a 2017 initial coin offering (ICO) following charges brought by the United States Securities and Exchange Commission.
The U.S. agency announced that it had formally charged the California-based firm on July 21 for conducting an unregistered ICO of “crypto asset securities.” According to the SEC’s statement, Quantstamp agreed to settle the charges.
Continue Reading on Coin Telegraph
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