Tag: ICO

Debra BorchardtNovember 16, 2018
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Business

Paragon Coin Settles With The SEC

5min00
The Securities and Exchange Commission announced today that it has reached settlements with two companies that sold digital tokens in initial coin offerings or ICO’s. Cannabis-related company Paragon Coin was one of the businesses investigated by the SEC. The SEC said that Paragon raised approximately $12 million worth of digital assets to develop and implement its […]
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Debra BorchardtFebruary 6, 2018
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BusinessFinancial

Lawsuit Filed Against Cannabis Cryptocurrency Paragon Coin For Violating Securities Law

5min05
A lawsuit was filed against cannabis cryptocurrency brand Paragon Coin and its owners Jessica VerSteeg and her husband Egor Lavrov for allegedly violating Securities law with regards to the Paragon Initial Coin Offering (ICO). The lawsuit states that approximately between August 15, 2017, through October 16, 2017, the defendants raised at least $70 million in […]
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