Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
The U.S. Securities and Exchange Commission (SEC) has taken urgent action against Digital Licencing Inc., a cryptocurrency mining firm, freezing its assets and obtaining a restraining order. The SEC has accused Digital Licencing and its principals of committing fraud and raising $50 million, as well as undisclosed amounts of Bitcoin and Ethereum, through a fraudulent scheme. The regulator alleges that the company lied to investors about its unregistered securities. The SEC has charged a total of 18 defendants for selling unregistered securities and has also brought charges against several individuals.
