The Securities and Exchange Commission (SEC) has announced a preliminary injunction granted against Blockvest LLC for unlicensed security offer. This overturns a previous court order, claiming that the SEC failed to prove that the token was a security. Another Day, Another Court Case In June last year, the SEC decreed pretty much every cryptocurrency other than Bitcoin and Ethereum to be a security. Since then, it has ramped up its ICO litigation, in what, at times,Read MoreThe post SEC Obtains Preliminary Injunction Against Blockvest For Fraudulent Securities Offer appeared first on Bitcoinist.com.
