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SEC halts initial coin offering, calling it fraud

Retrieved on: 2017-12-04 22:26:15

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<div>The SEC obtained an emergency asset freeze to halt what it identified as an <b>initial coin offering</b> fraud, which raised up to $15 million from thousands of investors since August promising 13-fold profit on the sale of a security called “PlexCoin.” The SEC filed charges PlexCorps, Dominic Lacroix, and ...</div>

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