SEC Subpoenas Riot Blockchain Over Cryptocurrency Plans

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TheMerkle SEC ICOs Blockchain CEOsVarious worrisome trends involving blockchain technology exist as of right now. One of the more popular solutions for struggling firms is to announce blockchain or cryptocurrency plans. As a result of such turnaround efforts, company stocks will usually soar in value. For Colorado-based Riot Blockchain, the decision to pursue this option backfired rather spectacularly. Riot Blockchain Gets Subpoenaed Riot Blockchain is not the only company to be looking at ways to push the value of its stock to new heights. While there are many ways to achieve that goal, the company apparently decided to announce a cryptocurrency-related turnaround plan several months

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