ICO offerings way down, but some still using SEC back door to raise funds

ICO offerings way down, but some still using SEC back door to raise funds

By A few brave initial-coin-offering promoters are still using the SEC’s Form D exempt offering process to gain access to accredited investors with no pre-review by the Securities and Exchange Commission, but there’s been a steep drop-off since the SEC started suing, and settling, with some early promoters.