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SEC charges Rivetz over $18M ICO, seeks the return of ‘ill-gotten gains’


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559698bc836be4174c42841b3c473303Cryptocurrency1 hour ago (Sep 11, 2021 02:40AM ET)


SEC charges Rivetz over $18M ICO, seeks the return of ‘ill-gotten gains’

The United States Securities and Exchange Commission (SEC) has charged Rivetz over an alleged illegal securities offering that fetched around $18 million.

Rivetz was founded in 2013 and the now-defunct blockchain hardware firm has been accused of generating $18 million via an unregistered securities offering between July and September of 2017 from more than 7,200 investors.

Is the SEC on the war path?

Continue Reading on Coin Telegraph

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