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Bookmarking Crypto InsightsFri, 12 Jan 2018 16:19:46 +0000en-US
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3232SEC Suspends Trading of UBIA Securities Until January 22
https://www.digit.info/sec-suspends-trading-of-ubia-securities-until-january-22/
Fri, 12 Jan 2018 16:19:46 +0000https://www.digit.info/2018/01/12/sec-suspends-trading-of-ubia-securities-until-january-22/Read more]]>The SEC will continue to crack down on potentially fraudulent initial coin offerings for the foreseeable future. Most recently, it temporarily suspended all trading of UBI Blockchain Internet LTD securities. Known as UBIA, the Hong Kong-based venture has gotten in the crosshairs of the SEC in recent weeks. There are quite a few questions regarding this project which will need to be clarified. Whether or not the answers will be satisfactory seems highly doubtful right now. UBIA Securities Trading Suspended by the SEC In a way, it is good to see that the SEC is continuing its mission to crack down on