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SEC Accused A Token Sale Platform of Illegally Issuing $14m of Securities

Tracy Chen

Summary: According to COINTELEGRAPH, ICOBox and its founder Nikolay Evdokimov have been sued by the securities and exchange commission for illegal securities issuance.In a Sept. 18 press release, the SEC said ICOBox and Evdokimov sold the company's tokens to more than 2,000 investors in an unregistered ICO in 2017.The commission has charged ICOBox and Evdokimov with ...

According to COINTELEGRAPH, ICOBox and its founder Nikolay Evdokimov have been sued by the securities and exchange commission for illegal securities issuance.In a Sept. 18 press release, the SEC said ICOBox and Evdokimov sold the company's tokens to more than 2,000 investors in an unregistered ICO in 2017.The commission has charged ICOBox and Evdokimov with violating federal securities laws.

Author：Tracy Chen

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