Busted: SEC Nais Eran Eyal, Founder of UnitedData With Fraudulent ICO

The post Busted: SEC Nais Eran Eyal, Founder of UnitedData With Fraudulent ICO written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Tokenomics, Cryptoeconomics

The US Securities and Exchange Commission (SEC) has charged Eran Eyal, founder of UnitedData (Shopin), with defrauding investors in an initial coin offering (ICO) that pocketed more than $42 million from hundreds of investors. From the release: “As alleged in today’s action, the SEC seeks to hold Eyal and Shopin responsible for scamming innocent investors […]

The post Busted: SEC Nais Eran Eyal, Founder of UnitedData With Fraudulent ICO written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Tokenomics, Cryptoeconomics

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