ICO Fraud: SEC Charges Crowd Machine, Metavine With Unregistered Sale of Digital Asset Securities

The Securities and Exchange Commission (SEC) has filed charges regarding allegations of a fraudulent initial coin offering (ICO). According to the SEC, Crowd Machine, Inc. and Metavine, Inc., allegedly sold unregistered digital asset securities. The SEC also charged Craig Spoule, an Australian citizen, as orchestrating… Read More
Read more in: Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged australia, craig spoule, crowd machine, enforcement, fraud, ico, kristina littman, metavine, sec