States unveil massive cryptocurrency investment fraud crackdown
Operation Cryptosweep, a massive joint crackdown on Initial Coin Offerings and cryptocurrency-related investment products, was unveiled today by more than 40 U.S. state and Canadian provincial securities regulators. Nearly 70 inquiries and investigations and 35 pending or completed enforcement actions since the beginning of May is just the tip of the iceberg for Cryptosweep, North American Securities Administrators Association President Joe Borg said.
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