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US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action

US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action – Bitcoin News

The U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.”

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