DOJ, SEC push back against claim that U.S. securities laws are vague as applied to ICOs


Cryptocurrency Blockchain venture capital, Justice Department, SEC, legislation
Bitcoin and other virtual money. Cryptocurrency stock market graph on virtual screen. 3d illustration. Photo courtesy of iaremenko/iStock/Getty Images
The Department of Justice and the SEC rebuffed claims by the issuer of two allegedly fraudulent initial coin offerings that U.S. securities laws are “unconstitutionally vague” as applied to cryptocurrencies. Instead, the government argues, in dual filings submitted to a federal ...

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