The SEC has confirmed it is taking action against SALT Lending after ruling the company’s $47-million ICO was an illegal securities issuance.
Source: https://www.coindesk.com/sec-orders-salt-lending-to-refund-investors-in-its-50m-ico
SEC Orders Salt Lending to Refund Investors in Its $47M ICO
September 30, 2020
CoinDesk
