The Judge of the Southern District of Florida court, Andrea Simonton has confirmed that the tokens sold in ICO are securities. The tokens issued by the Centra Tech whose founders were charged for fraudulently raising $32 million are to be classified as securities by the U.S. Securities and Exchange Commission. The defendants have not filed any defense with the court.
CentraTech tokens classified as SecuritiesIncryptsJun 28, 20180414
Nov 16, 2018