SEC Lawsuit: Tierion to Refund Investors From Its $25 Million Token Sale

SEC Lawsuit: Tierion to Refund Investors From Its $25 Million Token Sale

The U.S. Securities and Exchange Commission (SEC) has taken action against another startup in the crypto space for selling unregistered securities. Tierion, which raised $25 million in a token sale, has agreed to “return money to investors” and disable the trading of its token. SEC Brings Charges Against Tierion Over Its Crypto Offering Texas-based blockchain company Tierion Inc. has settled charges with the SEC for conducting an unregistered security offering when it sold the TNT token. The settlement followed the SEC’s order instituting cease-and-desist proceedings....


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