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Cryptopolitan 2019-08-08 18:30:35

Two ICOs get shut down by New Jersey Bureau of Securities

Two Initial Coin Offerings have been put to a halt in the state of New Jersey for failing to comply with the country’s securities law by not disclosing their registration addresses and numbers, team identities and for also selling and promoting unregistered securities. The two companies in question are Zoptax and Unocall, both of which were in the process of the first phase of funding. Zootaxa was aiming to gather around $3.4 million with a soft cap of half a million dollars, while information on Unocall is currently unavailable. According to the Bureau’s announcement, Unocall was promising its investors a

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