đš Breaking News in Crypto! đš
Judge Mark Mastroianni has sided with the SEC against Rivetz, a mobile wallet firm accused of selling unregistered securities. The SEC must now confer with Rivetz CEO Steven Sprague and file a proposed judgment by Oct 22, 2024. Sprague has until Nov 5, 2024, to object.
This case, stemming from an $18M ICO in 2017, highlights ongoing SEC scrutiny in the crypto space. Remember Ripple's $125M fine? Coinbase and Binance are also in hot water. đ
What do you think about the SEC's actions? Share your thoughts below! đ #CryptoNews #Blockchain