How a Crypto Startup Escaped With a Comical Fine After Illegal $4 Billion ICO

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 […]

The post How a Crypto Startup Escaped With a Comical Fine After Illegal $4 Billion ICO appeared first on CCN.com

Source: https://www.ccn.com/how-a-crypto-startup-escaped-with-a-comical-fine-after-illegal-4-billion-ico/

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.