
Pengtao Teng
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The Securities and Exchange Commission (the “SEC”) has taken to using humor and sarcasm to educate retail investors about the potential risks of purchasing tokens in initial coin offerings (“ICOs”).This week, the SEC issued a press release presenting “a hot investment opportunity.” The release pointed to a website touting the HoweyCoin—a fictional crypto token intending … Continue Reading
SEC Flexes Funny Bone in Fictional Token Offering
By Pengtao Teng on Posted in Securities Law, Securities Regulatory