Argyle Coin ICO is facing SEC Impasse

Argyle Coin (headquartered in South Florida) which boasted itself as world’s first cryptocurrency with tokens pegged to diamonds, is ordered to halt its ICO (initial coin offering) by US Securities and Exchange Commission (SEC) and as emergency measure all of its assets frozen, because of charges against its principal Jose Angel Aman. SEC took hardline against the firm by calling the project as an outright securities fraud and a form of ponzi scheme.

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