United States Is Cracking Down On ICO Fraud — Operation Cryptosweep Has Begun

United States Is Cracking Down On ICO Fraud — Operation Cryptosweep Has Begun

On Monday, North American Securities Administrators Association (NASAA) announced Operation Cryptosweep: one of the largest coordinated series of securities enforcement actions ever. If you have been following the crypto space over the last two years, this should not come as a surprise. In fact, it was inevitable. Still, the scope of Operation Cryptosweep is massive.

The Curious Tale of Tezos —from a $232 MILLION ICO to 4 class action lawsuits.

The Curious Tale of Tezos —from a $232 MILLION ICO to 4 class action lawsuits.

Just 8 months ago, a blockchain project called Tezos raised $232 million with an initial coin offering. It was the biggest ICO ever. Arthur and Kathleen Breitman, the young couple that founded the project, literally raised over 10x more than their wildest estimates. 8 months later, the couple and the project is facing four class action lawsuits. How could it all go so wrong?