ICOs Handed Over $1.2 Billion for SEC Penalties in 2020
This year, there were far more SEC victims in ICOs than legendary rapper, T.I. The SEC recorded their highest judgement and disgorgement amounts in history, collecting more than $4.68 billion in illegal income and fines in 2020, with a fourth of it coming from unregistered initial coin offerings.
As the Alternative Investment sector develops, Cryptocurrency is always an interesting storyline. The SEC's crackdown and developing policies on cryptocurrency will shape the future economy.
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