New England Firm Settles with SEC Over Allegedly Unregistered $6.3M ICO

News

The United States SEC has settled with a New England-based firm for an allegedly unregistered $6.3 million initial coin offering. A New England-based firm has settled with the United States Securities and Exchange Commission (SEC) over an allegedly unregistered $6.3 million initial coin offering (ICO).According to an SEC announcement published on Aug. 12, SimplyVital Health, Inc. announced plans to conduct an ICO in order to secure funds for a healthcare-related blockchain ecosystem dubbed Health Nexus in 2017. The company offered a native token for Health Nexus called Health Cash (HLTH).The company purportedly announced a pre-sale of HLTH tokens under Simple…
Click Title Below To Read Details From Source:
New England Firm Settles with SEC Over Allegedly Unregistered .3M ICO

Leave a Reply

Your email address will not be published. Required fields are marked *