Cryptocurrency1 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?
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