ICO Issuers Settle With The SEC Over Unregistered Coin Offerings

On November 16, 2018, the U.S. Securities and Exchange Commission (“SEC”) instituted separate settled administrative proceedings against Carrier EQ Inc., d/b/a AirFox (“AirFox”) and Paragon Coin Inc. (“Paragon”) for failing to register initial coin...
By: Shearman & Sterling LLP

Shearman & Sterling LLP