More than 200 crypto-related investigations are currently underway in the US and Canada by state and provincial securities regulators. The investigations are part of North American Securities Administrators Association (NASAA)’s “Operation Cryptosweep” initiative and involve cryptocurrency-related investment products and Initial Coin Offerings (ICOs), among others.
“The data is staggering,” said NASAA in a press release to Cryptovest. “Since NASAA announced its coordinated international sweep in May 2018, securities regulators from the United States and Canada have brought more than 45 enforcement actions against promoters of illegal and fraudulent cryptocurrency investment schemes.”
According to the regulations, if cryptocurrency investment prod...
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