From: New York Law Journal
Regulators are now taking a more active role in investigating not just ICOs but also the companies developing funds or other investment vehicles focused on cryptocurrencies or ICOs.
By Benjamin Klein, Deborah Meshulam and Jason Chang
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Major media outlets recently reported that the U.S. Securities Exchange Commission (SEC) has issued dozens of subpoenas and information requests to companies, investors and advisers engaged in cryptocurrency-related activities. The SEC’s probe follows repeated warnings that many token sales, commonly referred to as initial coin offerings or ICOs, may be violating securities laws. This activity signals the agency’s intention to thoroughly scrutinize ICOs.
Regulators are now taking a more active role in investigating not just ICOs but also the companies developing funds or other investment vehicles focused on cryptocurrencies or ICOs. In the sections that follow, we highlight recent enforcement developments targeting the cryptocurrency community and reflect on both the opportunities and challenges that lie ahead.
Before the Storm: Repeated Warnings by Regulators
Good https://ru.wikipedia.org/
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