SEC Wins Part of Opporty Case! 🚀
- SEC Accuses Opporty and Owner Grybniak of Conducting Fraudulent ICO.
- Judge Komitee Concurs That “OPP” Tokens Are Investment Contracts Under Securities Law.
- Grybniak Argues That His ICO Didn’t Need to Be Registered Because It Fell Under Reg D/S Exemptions.
- However, the Judge Rejects Opporty’s Exemption Because It Was Directly Sold in the U.S.
- The Opporty ICO Ran from September 2017 to October 2018, Raising $600,000 from Nearly 200 Investors.
What Do You Think About the Decision? Comment! 💬#Crypto#Blockchain #BTC