SEC Goes After Fraudulent ICOs

The Securities and Exchange Commission has charged two companies who they claim were operating fraudulent ICOs; REcoin Group Foundation and DRC World were claimed to defraud investors and sold unregistered securities; both companies claimed they had significant operations and networks when in reality they were shell companies; this continues a worldwide trend by financial regulators who are beginning to come down on the exploding ICO market. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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