Lies, damn lies, and the Blockvest ICO litigation

5

Quick Take

  • The SEC v. Blockvest is a lawsuit filed in 2018 seeking to enjoin the Blockvest ICO and return money to investors.
  • In a much heralded early opinion, the Court initially refused to grant the SEC injunctive relief, which was taken as a victory of sorts by the crypto community at large.
  • It turns out that the Defendants had submitted false and perjured evidence
  • The Court has now issued a recommendation that the case terminate and judgement be entered in favor of the SEC and against the Defendants.

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Lies, damn lies, and the Blockvest ICO litigation written by Stephen Palley @ https://www.theblockcrypto.com/genesis/64984/lies-damn-lies-and-the-blockvest-ico-litigation?utm_source=rss&utm_medium=rss May 13, 2020 Stephen Palley

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