Investors Alert -Zcash Prices Falling (ZEC)

Investors Alert -Zcash Prices Falling (ZEC)

Cryptocurrency Scams Exposed ! How to detect if this cryptocurrency fraud or not ? Top Cryptocurrency Scams To Watch Out For ! BEWARE OF PYRAMID CRYPTOCURRENCY FRAUDS .

US Securities and Exchange Commission (SEC) announced today its newly created Cyber Unit has filed a complaint against a Canadian initial coin offering (ICO) fraud “that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month.” It’s the first such charges put forward by the new division, according to the SEC, and could mark a turning point in regulators’ aggressiveness.

How to setup an initial coin offering ? 

Launch your ICO in 2 weeks ! Do you want to issue your company’s new Bitcoin ?

How to Launch a Successful ICO ?

Interested in Initial Coin Offering? Contact us today !

SEC Cyber Unit Files its First Charges
These pages alerted readers to the creation of the SEC’s Cyber Unit over two months ago, and shortly after detailed the first nab of an elaborate ICO scheme. But the agency wishes to highlight its Cyber Unit, and mainstream media outlets have gobbled it up.

Release 2017-219, SEC Emergency Action Halts ICO Scam, termed Canadian Dominic Lacroix “a recidivist Quebec securities law violator.” Mr. Lacroix and his company, Plex Corps, are accused of offering a token capable of yielding “a 1,354 percent profit in less than 29 days.”

The regulator was able to freeze the assets of those involved, including Mr. Lacroix and Plex Corps.

Mr. Lacroix was found in contempt of court in October of this year, “following an application filed by the Autorité des marchés financiers,” the Quebec-based regulator noted. This came after a Tribunal over the Summer found Mr. Lacroix guilty of violating securities law.