Block.one ICO was the biggest successful fund raising ever, they are able to make double of hard cap target of 4 billion dollars so paying that charged amount of 24million won't be a problem.
But why can't SEC takes up the duty of charging scam ICOs to face the wrath of law or try apprehending scammers in crypto space? we need this kinda solution badly
The SEC deals with with in their hands (in the USA), other than that they can do shit.But why can't SEC takes up the duty of charging scam ICOs to face the wrath of law or try apprehending scammers in crypto space? we need this kinda solution badly
I used to blame how strict the SEC is, but since the shit load of SCAM ICOs, i salute them for being so harsh on these Fintech for not obeying the financial laws in the USA.
What happened to Block.one isn't a big deal (since they have the liquidity to pay that Penalty), but also it's great for them in the long run to be clean Vs the SEC.