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‘Checks in the mail’: SEC to partially reimburse investors in online advertising blockchain startup BitClave The Block 17 hours ago

‘Checks in the mail’: SEC to partially reimburse investors in online advertising blockchain startup BitClave 📨

SEC BitClave

The U.S. Securities and Exchange Commission (SEC) announced it would begin partial reimbursement for investors involved in the 2017 Initial Coin Offering (ICO) of BitClave. This online advertising blockchain startup managed to raise $25.5 million from thousands of investors in mere minutes.

The partial reimbursement is part of the SEC's effort to uphold regulations and protect investors in the growing and volatile world of cryptocurrency fundraising initiatives. Participants of this significant ICO are expected to receive checks in the mail as the process unfolds.

Source: www.theblockcrypto.com ↗

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