“TrueCoin and TrustToken sought income for themselves by exposing traders to substantial, undisclosed dangers by misrepresentations concerning the security of the funding,” stated Jorge G. Tenreiro, performing chief of the SEC’s Crypto Belongings & Cyber Unit, in an announcement. “This case is a main instance of why registration issues, as traders in these merchandise proceed to be disadvantaged of the important thing data wanted to make totally knowledgeable selections.”
