US SEC asks John McCAfee to support ICO funding

2020-10-6 04:31
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Coindesk announced on Oct. 5 that the U.S. Securities and Exchange Commission (SEC) has sued John McAfee for backing seven ICOs without announcing payments. The SEC claimed McAfee made $ 23 million selling tokens to pay for advertising. The SEC alleges that McAfee attempted to sell "nearly worthless" tokens by encouraging investors to buy the commodity without declaring their holdings.

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The SEC accused John McAfee of sponsoring tokens without revealing the implications.
According to CoinDesk, on October 5, the SEC sued John McAfee for raising the price of ICO tokens without announcing his involvement in the project. The SEC accuses McAfee of making $ 23 million by agreeing to sell token payments for advertising, but denies “false” claims that it “received” payments from suppliers. ”The SEC said McAfee attempted to sell "nearly worthless" tokens by encouraging investors to buy these products without going public.
2020-10-6 04:31