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SEC files complaint against operator of ‘unregistered’ $33M Crowd Machine ICO

ICO tokens from Crowd Computer were sold to Americans as “investment contracts,” according to the SEC’s complaint, which classifies them as securities.

38 /100
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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

SEC files complaint against operator of ‘unregistered’ $33M Crowd Machine ICO

ICO tokens from Crowd Computer were sold to Americans as “investment contracts,” according to the SEC’s complaint, which classifies them as securities.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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