đ Breaking News: SEC Scores Partial Win in Opporty ICO Case! đ
- The SEC clinched a partial victory against Opporty International and its owner, Sergii Grybniak, over a fraudulent ICO.
- Judge Komitee ruled that Opporty's "OPP" tokens were unregistered securities under the Howey test.
- Grybniak argued the sale was exempt under Reg D/S, but the judge found they failed to meet the exemption requirements.
- The ICO, conducted between 2017-2018, raised $600K from nearly 200 investors.
- Opporty aimed to create a blockchain ecosystem for small businesses in the US.
Stay tuned for more crypto updates! đ
