ShipChain ICO Violated Securities Laws in South Carolina

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Initial coin offering projects are of great interest to regulators and other watchdogs these days. This is mainly because a fair few of these projects violated securities laws and expected to get away with it. In the case of ShipChain, the project was hit with a cease and desist letter this week for violating South Carolina’s securities laws. ShipChain ICO bites the Dust It has become apparent that a fair few initial coin offerings may have violated securities laws when issuing and distributing their tokens. Since most ICO tokens can be considered securities under the current regulatory guidelines, cease and desist letters are

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