//The SEC calls altcoins “fraudulent and manipulative”

The SEC calls altcoins “fraudulent and manipulative”



The golden era of scammy cryptocurrency exchanges could soon be drawing to a close. On Wednesday, the Securities and Exchange Commission denounced the initial coin offerings (ICOs) of altcoins in a public statement, calling them “fraudulent and manipulative.” “The SEC staff has concerns that …

Source: The SEC calls altcoins “fraudulent and manipulative”