Home Cryptocurrency News Cryptocurrency Company Snared in SEC Dragnet Sues Regulator

Cryptocurrency Company Snared in SEC Dragnet Sues Regulator

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A cryptocurrency developer who was handed two subpoenas as he walked inside a resort final month gained’t adjust to the calls for—and is as a substitute suing the federal regulator that issued them.

Do Kwon, a South Korean citizen and resident, says the transfer by the Securities and Change Fee violated the company’s guidelines and was designed both to embarrass him or to fire up media curiosity in its crackdown on the cryptocurrency market.


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