Source: the-blockchain

Icobox: ICObox Busted: US SEC Charges ICO Incubator and Founder for Unregistered Offering and Broker Activity

The Securities and Exchange Commission has sued ICOBox and its founder Nikolay Evdokimov for both a $14 million token sale (or securities offering according to SEC) and for acting as unregistered brokers for other digital asset offerings. And The SEC is not pulling any punches – it seeks injunctive relief, disgorgement with prejudgment interest and civil money penalties.

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Andriy Zinchuk's photo - CEO of Icobox

CEO

Andriy Zinchuk

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80/100

ICOBox is a provider of blockchain growth promoter and business facilitator for businesses. Read more