Recently the SEC slapped Block.one, the company behind EOS, with a $24 million settlement penalty for not registering its Initial Coin Offering (ICO) properly as a security offering. Almost immediately, SIA Network also announced that they came to a settlement with the SEC over a similar issue regarding the Nebulous project, which raised around $120,000 […]The post For Dummies: Why Block.one (EOS) Penalty By The SEC Was Only $24 Million? appeared first on CryptoPotato.
