The US Securities and Exchange Commission charged the Blockchain of Things (BCOT) with selling an unregistered token toward the end of 2017. The ICO has agreed to settle, while returning the funds to investors. The BCOT token may also relaunch as a registered asset.
The BCOT project also had to pay a fine of $250,000. Data about the ICO include one session completed toward the end of 2017, with another session open in May 2018. The last session was opened in December 2019, as the project raised funds periodically.
“BCOT did not provide ICO investors with the infor...