SEC charges Rivetz over $18M ICO, seeks the return of ‘ill-gotten gains’

#crypto #bitcoin

The SEC alleged that some of the proceeds from the offering were used to give the founder a bonus of $1 million and a loan of $2.5 million which he used to purchase a house in the Cayman Islands.

SEC, Rivetz, SEC complaint, Securities offering, CoinbaseRead More

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, Khareem Sudlow