New Jersey Calls Two ICOs ‘Fraudulent Securities,’ Issues Stop Order

New Jersey’s Bureau of Securities has announced enforcement action against two state-based initial coin offerings. Today, Canadian and American regulators coordinated under the North American Securities Administrators Association (NASAA) and executed by New Jersey officials have issued emergency orders against Zoptax and UNOcall, two NJ-based ICOs. Part of “Operation Cryptosweep,” the Bureau of Securities alleges […]

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