What is done by the SEC, is the umpteenth time in trying to combat acts of fraud that uses the guise of organizing ICO (Initial Coin Offerings) in the crypto world. Previously, ICO Centra also similarly rewarded at the beginning of last April.
Not only that, the SEC also smart enough in providing education community with concrete measures. Mid last month for example, SEC even made a prototype site ICO umbilical hernia that was widely publicized.
SEC considers these efforts is important enough to do, so that people can more easily understand the mode-mode of ICO potential fraud and Scam. Uncountable since the end of the year 2017, the SEC has indeed plan firmly in enacting regulations that surely especially relating to ICO. Harvey Pitt, the former head of the SEC already reminded holders of related policies, especially the SEC, to make a real and definite rules about ICO in December last year.