“TrueCoin and TrustToken sought income for themselves by exposing traders to substantial, undisclosed dangers by way of misrepresentations concerning the security of the funding,” stated Jorge G. Tenreiro, appearing chief of the SEC’s Crypto Property & Cyber Unit, in a press release. “This case is a main instance of why registration issues, as traders in these merchandise proceed to be disadvantaged of the important thing data wanted to make absolutely knowledgeable selections.”
