Two US States Issue Cease and Desist Orders Against Five ICO Issuers

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Two US States Issue Cease and Desist Orders Against Five ICO IssuersThe U.S. states of Colorado and North Dakota have independently issued cease and desist orders against companies promoting initial coin offerings in their states. Their tokens are potentially fraudulent securities offerings, according to the two states’ securities commissions. One scheme promises a return of 10 percent per month and claims to be pegged to the […]

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