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The ICO issuers neither admit nor deny guilt and each has agreed to pay penalties and register digital tokens as securities.
The SEC reports that charges have been settled against CarrierEQ Inc., the privately held, Boston-based startup that does business as Airfox, and Paragon Coin Inc., an online financial entity formed in mid-2017 and headed by a former Miss Iowa beauty queen. Paragon proposed to “add blockchain technology to the cannabis industry and work toward legalization...
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