
Brooklyn programmer gets 18 months jail term over fraudulent ICOs
Maksim Zaslavskiy conducted two ICOs, both of which violated securities laws and now he’ll spend the next 18 months in jail for it.
Maksim Zaslavskiy conducted two ICOs, both of which violated securities laws and now he’ll spend the next 18 months in jail for it.
ICOs involve the selling of securities and are thus covered by the U.S. SEC's mandate, a Brooklyn court ruled.