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SEC Files First Action Against Unregistered Cryptocurrency Exchange

Corporate Counsel

13 Nov 2018

The cease and desist order filed against EtherDelta by the SEC for being an unregistered online trading platform was not unexpected according to Morrison & Foerster Susan I. Gault-Brown, and it’s likely that similar actions will be taken against other exchanges in the future.

“We’ve been advising our clients, if they’re offering a token, to look at exchanges with ATS licenses,” she said in the Corporate Counsel article “SEC Files First Action Against Unregistered Cryptocurrency Exchange.

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