US & Canadian Regulators Launch Crypto Scam Probes – Bitcoints

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Published on May 21st, 2018 | by bitcoin

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US & Canadian Regulators Launch Crypto Scam Probes

US & Canadian Regulators Launch Crypto Scam ProbesAn “international crackdown” on cryptocurrency scams was launched Monday by a group of securities regulators in Canada and the United States.
Dubbed “Operation Cryptosweep,” the effort was unveiled during a Monday event hosted by the North American Securities Administrators Association (NASAA).
Cryptosweep, according to statements, constitutes “nearly 70 inquiries and investigations and 35 pending or completed enforcement actions since the beginning of the month.”
More investigations are said to be underway, though it’s unclear when any related enforcement actions will be unveiled.
“The actions announced today are just the tip of the iceberg,” TDCI Assistant Commissioner Frank Borger-Gilligan said in a statement.

Source: Www.coindesk.com

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