SEC Targeting Fraudulent ICOs & Crypto

From Chairman Jay Clayton of the SEC hot of the presses comes this news:

The recent statement from the SEC sends a clear to would be scammers… 

“The enforcement actions being announced by NASAA should be a strong warning to would-be fraudsters in this space that many sets of eyes are watching, and that regulators are coordinating on an international level to take strong actions to deter and stop fraud.”

For the full read: Statement on NASAA’s Announcement of Enforcement Sweep Targeting Fraudulent ICOs and Crypto-asset Investment Products