Friday, March 2, 2018

Massive Cryptocurrency Probe Underway

The SEC has launched a vast investigation into cryptocurrencies and initial coin offerings (ICOs) Wednesday, issuing multiple subpoenas and formal information requests to technology firms and advisors engaged in creating and marketing the offerings.

The probe turns up regulatory heat on the highly volatile market for digital tokens, which topped some $700 billion in January, the Wall Street Journal was first to report.

If you have an issue with any of the cryptocurrencies, let's see if we can help. Call Mark Astarita at 212.509.6544 or email him at mja@sallahlaw.com.

https://www.fa-mag.com/news/sec-launches-massive-cryptocurrency-probe-37441.html