New SEC Cybersecurity Unit Shuts Down ICO Scam

The new unit at the SEC was started in September to focus on potential illegal activities in the digital currency market; the ICO that was shut down promised returns of 1,000 percent; the SEC filed charges against Dominic Lacroix who they claim was trying to raise $15mn from thousands of investors. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.