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Boontech, Founder Pavithran Settle SEC Charges Over Fraudulent ICO and Registration Violations

August 14, 2020ByadminInBitcoin News

The Securities and Exchange Commission (SEC) announced today that it has charged Virginia- based company Boontech and its founder Rajesh Pavithran for fraud and failure to register the firm’s tokens that were sold as investment securities. According to the SEC’s announcement, between November 2017 and January 2018, Boontech sold $5 million worth of its tokens,...

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