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Cryptoassets & Blockchain Legal News

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3 crypto-connection-claiming companies suspended by the SEC

February 16, 2018 by Ashley MAO

Three companies – Cherubim Investments, Inc., PDX Partners, Inc., and Victura Construction Group, Inc. –  have been hit by a temporary suspension in trading by the U.S. Securities and Exchange Commission as the commission investigates their statements on cryptocurrency and blockchain related assets investments.

The SEC pointed to the press releases issued by the companies in which they claim acquisition of AAA-rated cryptocurrency and blockchain technology assets as one of the reasons for the suspension.

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Ashley MAO, Coinlaw

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Ashley MAO is a member of the Coinlaw team. Read more about our team.

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