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SEC Shuts Down First ICO for Reasons Other Than Fraud

by Onki Kwan | Dec 14, 2017 | ICO | 0 comments

About a week after the SEC halted the PlexiCoin ICO for fraud, the SEC issued an order halting Munchee’s ICO for offering and selling unregistered securities (the “Munchee Order”). Munchee sought to raise $15 million by selling MUN tokens (“MUN”) in order...

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