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Split SEC Settles Touting Charges With ICO
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A Busy Week For The SEC s Enforcement Efforts In Crypto s
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A Busy Week For The SEC s Enforcement Efforts In Crypto s Wild West | Morrison & Foerster LLP
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Crypto: Every Regulator Wants a Piece of the Action | Troutman Pepper
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On July 14, 2021, the US Securities and Exchange Commission (SEC or Commission) announced settled charges against Blotics, Ltd., f/d/b/a Coinschedule Ltd. (Coinschedule), the UK-based operator of Coinschedule.com, a now-defunct website that profiled offerings of digital assets.
1 The SEC charged Coinschedule with violations of the anti-touting provisions of Section 17(b) of the Securities Act of 1933 (the Securities Act). Section 17(b) makes it unlawful for any person to promote a security without disclosing that they received consideration for doing so or the amount of such consideration.
2 Although the SEC has pursued anti-touting charges against website operators in the past,