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In the first enforcement action initiated by its new “Cyber Unit,” the Securities and Exchange Commission on Monday announced it has secured a court order to freeze the assets of individuals behind a “scam” initial coin offering, or ICO.
Ben Hancock is a San Francisco-based reporter covering litigation, technology, finance, and the future of law. He writes a weekly news briefing covering those topics called "What's Next." Ben can be reached via email at email@example.com, or on Twitter: @benghancock