Cryptocurrencies
SEC Brings Its First DeFi Case Over Unregistered Token Sales
- Blockchain Credit Partners sold $30 million in securities
- Company settles with agency without admitting wrongdoing
Photographer: Joshua Roberts/Bloomberg
This article is for subscribers only.
Follow @crypto Twitter for the latest news.
The U.S. Securities and Exchange Commission brought its first case tied to the booming decentralized finance market, alleging a company sold digital tokens that should have been registered with the Wall Street regulator.