Friday, July 19, 2019

New Jersey Sues Blockchain Firm for Unregistered $46 Million ICO

As regulators pine over the safety of Libra, recent crypto-related crimes are sure to keep them on edge. New Jersey Attorney General Gurbir Grewal filed a lawsuit on Wednesday against Princeton-based company, Pocketinns Inc. Pocketinns and their president, Sarvajnya Mada, allegedly failed to register with the Bureau of Securities before selling $400,000 of unregistered securities. […]

The post New Jersey Sues Blockchain Firm for Unregistered $46 Million ICO appeared first on CCN Markets



source https://www.ccn.com/news/new-jersey-pocketinns-crypto-crime-400000/2019/07/18/

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