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SEC Charges Quantstamp $28 million For Conducting an Unregistered Initial Coin Offering

Quantstamp, a blockchain security firm, has been ordered by the U.S. Securities and Exchange Commission (SEC) to return $28 million raised in a 2017 unregistered initial coin offering (ICO). On July 21st, the SEC accused...

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SEC Charges Quantstamp $28 million For Conducting an Unregistered Initial Coin Offering
Quantstamp, a blockchain security firm, has been ordered by the U.S. Securities and Exchange Commission (SEC) to return $28 million raised in a 2017 unregistered initial coin offering (ICO). 
On July 21st, the SEC accused Quantstamp of conducting an unregistered ICO, during which they sold their native QSP tokens to approximately 5,000 investors, raising a substantial amount for developing Ethereum blockchain technology for automatic security audits of smart contracts....
Read More: SEC Charges Quantstamp $28 million For Conducting an Unregistered Initial Coin Offering

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