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Kristina Littman – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 16 Aug 2020 07:00:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Kristina Littman – DIGIT INFO https://www.digit.info 32 32 US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case https://www.digit.info/us-regulator-charges-tech-firm-ceo-in-5-million-ico-fraud-case/ Sun, 16 Aug 2020 07:00:10 +0000 https://www.digit.info/2020/08/16/us-regulator-charges-tech-firm-ceo-in-5-million-ico-fraud-case/ Read more]]>

US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud CaseThe United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon Coins. In return, Pavithran and his company promised to develop and […]

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