June 23, 2021 BY Steffy Bogdanova
CEO and ICO issuer charged with unregistered securities offering and fraud by SEC
Kristina Littman, Chief of the SEC Enforcement Division’s Cyber Unit, stated: Loci and its CEO misled investors regarding critical aspects of Loci’s business. Investors in digital asset securities are entitled to truthful information and fulsome disclosures so they can make informed investment decisions. Although Wise and his company have neither admitted to nor denied the…
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