SEC settles with the former CEO and COO of AriseBank, which it sued in January for alleged fraud and issuing unregistered securities during an ICO, for $2.7M+ (Nikhilesh De/CoinDesk)
Nikhilesh De / CoinDesk:
SEC settles with the former CEO and COO of AriseBank, which it sued in January for alleged fraud and issuing unregistered securities during an ICO, for $2.7M+ — The U.S. Securities and Exchange Commission (SEC) has settled charges with two former executives of AriseBank, which was hit with a token sale fraud lawsuit in early 2018.
SEC settles with the former CEO and COO of AriseBank, which it sued in January for alleged fraud and issuing unregistered securities during an ICO, for .7M+ (Nikhilesh De/CoinDesk)
Source: Tech Meme
