2019-10-01
.@block_one_ has settled with the SEC for $24 million for running the EOS token sale. The company reportedly raised $4 billion from the year-long ICO. pic.twitter.com/KUxVj8r0fw
CoinDesk
Block.one settles with the SEC for $24M in penalties for conducting an unregistered securities sale; Block.one had raised ~$4.1B via ICO over a one-year period
EOS maker Block.One must pay $24 million in penalties for conducting an unregistered securities sale, the U.S. Securities and Exchange Commission …