Lies, damn lies, and the Blockvest ICO litigation
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Quick Take
- The SEC v. Blockvest is a lawsuit filed in 2018 seeking to enjoin the Blockvest ICO and return money to investors.
- In a much heralded early opinion, the Court initially refused to grant the SEC injunctive relief, which was taken as a victory of sorts by the crypto community at large.
- It turns out that the Defendants had submitted false and perjured evidence
- The Court has now issued a recommendation that the case terminate and judgement be entered in favor of the SEC and against the Defendants.
The SEC v. Blockvest is a lawsuit filed in 2018 seeking to enjoin the Blockvest ICO and return money to investors. It turns out that the Defendants had submitted false and perjured evidence.
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