ICO

Massachusetts Regulators Issue Cease and Desist Orders Against Five Firms Offering ICOs

The Secretary of the Commonwealth of Massachusetts Securities Division has stopped five firms — Mattervest, Pink Ribbon, Across Platforms, Sparkco, and 18moons — from conducting initial coin offerings (ICOs) for cryptocurrencies. William Galvin, the state’s top securities regulator, has ordered the firms to stop the sale of the “unregistered securities.” The developments represent the latest steps taken […]