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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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....
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