The U.S. Securities and Exchange Commission (SEC) continues to crack down on individuals associated with digital currency projects from the crypto-mania era. Today, the SEC announced that they have settled with Coinschedule.com\u2013a website that provided information and trust scores for ICOs\u2013in their case that charged Coinschedule\u2019s successor company United Kingdom-based Blotics Ltd. with violating anti-touting provisions. Coinschedule, which was active from 2016 to August 2019, would list information about coins and tokens, provide direct links to the project\u2019s websites and the location where the token offerings took place, and create credibility and operational risk evaluations for each coin and token they listed. Coinschedule said those metrics were derived from a proprietary algorithm that Coinschedule used\u2013but the truth is, the digital currency projects were paying Coinschedule to cover their coin or token. According to the anti-touting provisions of the federal securities laws, individuals who promote securities must disclose the nature, scope, and amount of compensation received in exchange for the promotion\u2013which Coinschedule failed to do. \u201cAs the SEC\u2019s order finds, Coinschedule presented potential investors with seemingly independent profiles about token offerings when in fact they were bought and paid for by token issuers,\u201d said Kristina Littman, Chief of the SEC Enforcement Division\u2019s Cyber Unit. \u201cThe securities law prohibiting touting securities for compensation without appropriate disclosures to investors is clear and longstanding.\u201d But instead of admitting or denying the claims against them, Blotics agreed to cease and desist from committing or causing any future violations of the anti-touting provisions of the federal securities laws, and to pay $43,000 in disgorgement, plus prejudgment interest, and a penalty of $154,434. The crackdown continues Regulators around the globe are making it clear that they have their eye on the blockchain and digital currency spaces. Blotics' settlement with the SEC is the second announcement we have heard from the SEC this week in regard to the agency cracking down on a blockchain\/digital currency-related matter. Earlier this week we saw the SEC charge three individuals involved in an insider-trading scheme around Long Blockchain Corp\u2013formerly known as Long Island Ice Tea\u2013that took place at the height of crypto-mania in December 2017. What these events and the ongoing investigation and regulatory crackdown on Binance show us is that the blockchain and digital currency industry have grown large enough for government organizations around the world to begin regulating them to protect their citizens, residents, and investors. However, the side effect that this regulation will have is that we will start seeing individuals and businesses in the blockchain and digital currency industry, including a few household names and leaders in their respective sectors of the industry like Binance and Tether, get flushed out as regulators give them the option to comply with their existing laws or stop operating in their countries.