US SEC Levies ‘First’ Civil Penalties Against Two ICOs for ‘Unregistered’ Securities

In a self-described “first,” the U.S. Securities and Exchange Commission has settled two cases that impose civil penalties against ICOs over their unregistered, “illegal” token sales

from Cointelegraph.com News https://cointelegraph.com/news/us-sec-levies-first-civil-penalties-against-two-icos-for-unregistered-securities