FILE FILE: The logo of the Securities and Exchange Commission of the United States adorns an office door at the headquarters of the SEC in Washington on June 24, 2011. REUTERS / Jonathan Ernst / File photo
WASHINGTON (Reuters) – The US Securities and Markets Commission closed its charges on Friday with two technology companies due to improper offering digital tokens, sending them to sign their bids as bonds and reimburse investors.
The action marked the first time that the SEC imposed sanctions against technology companies that leave the rules of the regulator through "initial currency offers." It also marks an increase in the vigorous supervision of the SEC from the criptocurrency space.
The regulator warned in March that he would keep most of the symbolic offers to the same standards as the offers of securities and would impose fines on the bad actors who violated the securities laws.
After increasing investments of $ 27 million, CarrierEQ Inc. (Airfox) and Paragon Coin Inc. agreed to pay back investors, and each will pay $ 250,000 in fines as part of the agreement, the regulator said in a statement.
"Airfox hopes to continue to grow its blocking platform within a regulatory framework," the company said in a statement.
The companies did not admit or denied the charges of the SEC, but both agreed to submit periodic reports for at least 12 months.
"These cases indicate those who are considering taking similar actions that we continue to seek violations of the federal securities laws regarding digital assets," said Stephanie Avakian, one of the heads of the SEC's application.
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