FINRA accuses HempCoin issuer with securities fraud

FINRA accuses HempCoin issuer with securities fraud

The Financial Industry Regulatory Authority (FINRA) has accused a Massachusetts resident of an unregistered token sale of HempCoin. Timothy Tilton Ayre sold the security in the form of the HempCoin token which would represent the equity ownership in Rocky Mountain Ayre Inc. The individual obtained the rights to HempCoin in June 2015, reportedly.

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