ASIC Warns on Misleading ICOs

ASIC Warns on Misleading ICOs

A warning has been issued by the Australian Securities and Investments Commission (ASIC) regarding the “misleading” ICOs. John Prince, ASIC Commissioner explained, “You should not simply assume that using an ICO structure allows you to ignore key protections there for the investing public and you should always ensure disclosure about your offer is complete and accurate.”

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