“TrueCoin and TrustToken sought earnings for themselves by exposing traders to substantial, undisclosed dangers by means of misrepresentations concerning the security of the funding,” mentioned Jorge G. Tenreiro, performing chief of the SEC’s Crypto Belongings & Cyber Unit, in an announcement. “This case is a chief instance of why registration issues, as traders in these merchandise proceed to be disadvantaged of the important thing data wanted to make absolutely knowledgeable choices.”
