[Cryptography] WSJ.com: SEC Launches Cryptocurrency Probe

[John R. Levine]

[in today's online WSJ, probably tomorrow's paper WSJ]

SEC Launches Cryptocurrency Probe

Regulator issues subpoenas to parties engaged in booming market for initial coin
offerings

The Securities and Exchange Commission has issued dozens of subpoenas and
information requests to technology companies and advisers involved in the
red-hot market for cryptocurrencies, according to people familiar with the
matter.

The sweeping probe significantly ratchets up the regulatory pressure on the
multibillion-dollar U.S. market for raising funds in cryptocurrencies. It
follows a series of warning shots from the top U.S. securities regulator
suggesting that many token sales, or initial coin offerings, may be violating
securities laws. ...

https://www.wsj.com/articles/sec-launches-cryptocurrency-probe-1519856266?shareToken=st82b48b05f7c440e4a6fbe5b8a96eabfe&reflink=article_email_share

R's,
John