Tag Archives: fraud

ICO Fraud Case: U.S. Federal Court To Rule Whether ICO Tokens Are Securities In A Criminal Proceedings Dismissal Case

The U.S. Department of Justice is preparing for an “oversized” response to a case seeking dismissal of an ICO fraud lawsuit against a New York businessman- Mr. Maksim Zaslavskiy. The defendant is indicted for misrepresentation and fraud involving ICOs for his two businesses – REcoin Group Foundation and Diamond Reserve Club (Diamond). The accused allegedly […]