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Raymond Dearie

US Judge Rules ICO Frauds Fall Under Securities Law

A federal judge has ruled that a criminal case against an alleged ICO fraudster will proceed to trial, saying existing securities laws apply.

By Nikhilesh DeSep 11, 2018

U.S. District Court Judge Alvin Hellerstein said there is "no binding precedent" for SEC vs. Kik case. Credit: Shuttershock

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