Massachusetts accuses Bensonoff

Massachusetts accuses Bensonoff

The Massachusetts Securities Division had charged Brookline, MA, resident Kirill Bensonoff and his company Caviar for selling unregistered securities following the launch of an Initial Coin Offering (ICO) from his home. Unaware of the Massachusetts securities laws, Bensonoff had managed to bring up $3 million from the token-sale. The Secretary of Commonwealth said people to cautiously adopt securities laws over an ICO issue.

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