U.S. Regulator Halts Trading in Three Firms for Cryptocurrency Involvement
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U.S. Regulator Halts Trading in Three Firms for Cryptocurrency Involvement
The U.S. Securities and Exchange Commission on Friday suspended trading in shares of three companies due to questions about their recent PRs which advertised the buyout of cryptocurrency and blockchain-related assets.
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The financial regulator cited concerns regarding the accuracy and adequacy of information about acquiring top rated assets from a cryptocurrency investor, among other things. Perhaps that piqued the regulator’s concern, in particular after on of the suspended firms also announced plans to arrange an initial coin offering (ICO).
The US top regulator warned investors against throwing money ... (read more)
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