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SEC Fines ICO Rating With $269000 For Hiding Advertizing Payments

SEC Fines ICO Rating With $269,000 For Hiding Advertizing Payments

The US SEC (Securities and Exchange Commission) has blamed a Russian ICO (Initial Coin Offering) rating service for supposedly being unsuccessful for disclosing payments made in return for marketing ICO cryptocurrency occasions. This week, the US watchdog claimed that ICO Rating has decided to pay $268,998 to negotiate a damages claim for supposedly approving payments “for publicizing issuers’ digital asset securities services.”