The U.S. Securities and Exchange Commission said on Tuesday that it has fined an...
FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst/File Photo
The regulator said that ICO Rating had not admitted or denied the SEC’s charges but had agreed to pay a nearly $269,000 fine for the so-called “anti-touting” violations committed between December 2017 and July 2018.ICO Rating did not immediately respond to requests for comment. It is aiming to crack down on the array of ‘ICO agencies’ that offer crypto issuers active followers and posts on social media platforms such as Reddit and Bitcointalk. These can attract investors, given the lack of conventional financial information available on cryptocurrencies.
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