Rivetz Corp., its founder Steven Sprague, and the firm’s subsidiary Rivetz international are named as defendants in the SEC’s September 8 complaint. The United States Securities and Exchange Commission (SEC) has charged Rivetz on the basis of an alleged illegal securities offering that raised around $18 million. Rivetz was found in 2013 and this non-functioning blockchain hardware firm was accused of creating $18 million through an unregistered securities offering between July and September of 2017 from more than 7,200 investors. The SEC’s sept. 8 complaint states defendants Rivetz Corp., founder Steven Sprague and the firm’s subsidiary Rivetz international. The ICO focused on the RvT token which the SEC states publicized and sold it as an investment opportunity and used to capitalize on Rivetz’s business in building an app, ecosystem and cyber security hardware. The SEC states that the defendants value the RvT tokens as “investments that purchasers could buy and sell on the
Źródło: https://tokeneo.com/sec-charges-rivetz-18m-ico-aiming-for-a-return-of-ill-gotten-gains/
