SEC Warns Public Companies Are Using ICOs to Pump Stocks

The US Securities and Exchange Commission is warning investors about the risk of public stock scams that use cryptocurrencies as a promotional tactic.

Published earlier today, the SEC investor alert primarily focuses on cryptocurrency-themed promotions from publicly traded companies, rather than startups or project teams who aren't listed on an exchange or over-the-counter marketplace. The agency specifically highlights the promotion of initial coin offerings (ICOs), in addition to general cryptocurrency releases, as potential warnings signs for investors.

The SEC said in its alert:
More here
https://www.coindesk.com/sec-warns-public-companies-using-icos-pump-stocks/