Block.one – the company behind cryptocurrency EOS – was slapped with a $24 million fine this week, pertaining to its initial coin offering (ICO) back in 2017. That might sound harsh, but it’s a tiny penalty. A drop in the ocean compared to the record-breaking $4.1 billion the company (reportedly) raised in its initial coin […]
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Source: https://www.ccn.com/how-a-crypto-startup-escaped-with-a-comical-fine-after-illegal-4-billion-ico/