Dozens of Cryptocurrency Companies Have Abandoned Their ICO Plans After Receiving SEC Phone Call | BTCMANAGER

So how does the SEC use the telephone to deter the bad guys in the fast-growing realm of ICOs?

Apparently, the modus operandi is pretty simple. The folks over at SEC just pick up the telephone and call up the people behind individual ICOs. And believe it or not, the strategy has paid off. According to a key SEC official, over a dozen of cryptocurrency-related companies have abandoned their plans to raise fund from investors after they were contacted by the agency over the telephone.

via Dozens of Cryptocurrency Companies Have Abandoned Their ICO Plans After Receiving SEC Phone Call | BTCMANAGER