Certain initial exchange offerings (IEOs) may be breaking U.S. securities laws, an SEC official said.
Source: https://www.coindesk.com/secs-crypto-czar-says-exchanges-that-list-ieo-tokens-may-face-legal-risks
SEC’s Crypto Czar Says Exchanges That List IEO Tokens May Face Legal Risks
May 13, 2019
CoinDesk
