SEC shuts down Munchee ICO

 In what should be an interesting beginning to the coming avalanche of ICO failures, the SEC has come down hard on Munchee, a company that built a $15 million token sale. The SEC chairman recently noted that coin offerings are, in fact, securities and that pre-sale participants must be registered with the SEC. The Munchee ICO aimed to fund the MUN coin, a payment system for restaurant reviews.… Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/12/12/sec-shuts-down-munchee-ico/?ncid=rss

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