The Philippines Securities and Exchange Commission had filed a cease - and - desist order against four companies associated with Black Cell and Krops in late January of this year, also for
offering unlicensed securities in the form of the Krops token.
Not exact matches
The United Kingdom and Malaysian authorities have issued statements seeking to highlight risks associated with initial coin
offerings, and discourage the distribution of
unlicensed securities through ICOs.
Two of the other respondents named in the letter, Estrada Trucking and Capital Cash, as well as Moncher, are accused of
offering promissory notes that are considered
unlicensed securities for a California - licensed, unnamed marijuana growing operation.