The Sheriffs are in Town: Recent Developments in Initial Coin Offerings (ICO) Enforcement and Investor Education
Data Matters
SEPTEMBER 11, 2018
Tomahawk: “Free” Tokens or Convertible Equity Instruments Constitute the Offer and Sale of Securities. The SEC’s order noted that the lack of monetary consideration is not dispositive and such a “free” distribution may still constitute an offer or sale of securities. Bounty Programs and Airdrops. securities laws. securities laws.
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