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New SEC Cybersecurity Unit Shuts Down ICO Scam
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New SEC Cybersecurity Unit Shuts Down ICO Scam

New SEC Cybersecurity Unit Shuts Down ICO Scam

Todd Anderson·
FintechNews RoundupUSA
·Dec. 5, 2017·1 min read

The new unit at the SEC was started in September to focus on potential illegal activities in the digital currency market; the ICO that was shut down promised returns of 1,000 percent; the SEC filed charges against Dominic Lacroix who they claim was trying to raise $15mn from thousands of investors. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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