TechLair

  • Home
  • contact
  • About
  • Privacy Policy

NASAA launches an investigation into over 200 allegedly fraudulent ICOs

Wednesday, August 29, 2018 by Piyush Suthar | Comments

Home News Tech NASAA launches an investigation into over 200 allegedly fraudulent ICOs

The days of the pump and dump ICO may be numbered: the North American Securities Administrators Association (NASAA) is on the warpath, taking action against potentially dodgy cryptocurrency schemes. In an announcement made yesterday, NASAA revealed it has opened over 200 cases investigating possibly illegitimate, illegal, and fraudulent ICOs and cryptocurrency related businesses since its launch in May 2018. All under the codename “Operation Cryptosweep.” NASAA is a collective task force made up of representatives from the US, Canada, Mexico, Puerto Rico, and the US Virgin Islands. Its aim is to uncover illegitimate cryptocurrency scams, and protect potential unwitting investors.…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


Follow me on Twitter, Facebook, Google+, YouTube.

Load comments
  • Newer Post
  • Home
  • Older Post
  • techlair
    Over 1,500+ Readers

    Get fresh content from TechLair

    brand222 facebook brand2 envelope-o

    BEST OF TechLair

    Apple Lifts Restrictions on Purchase of iPhones, iPads, MacBooks Outside China
    Facebook pulls post by Anne Frank Center after seeing only nudity in a photo of the Holocaust
    Google to shut down Google+ after exposing user data of up to 5,00,000 accounts
    Subsidies persuading Germans to buy electric cars can't last forever, says Merkel


    Copyright © 2019 TechLair. All rights reserved.
    Privacy Policy • DMCA • Contact