Select Page

The SEC’s Cyber Unit Just Filed the First Charges Over ICO Scam

A new division of the Securities and Exchange Commission dedicated to so-called “initial coin offerings” (ICOs) filed its first charges on Friday, targeting a scam that reportedly raised $15 million from thousands of investors by promising a 13-fold profit in less than a month.

In a criminal complaint filed in Brooklyn federal court, the new SEC division, known as the Cyber Unit, describes how Dominic Lacroix sold digital tokens known as “PlexCoins” as part of a purported plan “to increase access to cryptocurrency services” across the world.

 

Download your "Special Report on Passwords and Password Security"

You have Successfully Subscribed!

The Next Masterclass is Coming Soon!

Fill out the form below and be notified as soon as the registration for the next Masterclass opens.

Thank you, we'll notify you as soon as the Masterclass registration opens!