SEC shouldn’t ignore sketchy IPOs in crypto crackdown


Consumer protection: While Clayton has been warning about ICOs and other cyptocurrency-related investments, he’s also been trying to boost the IPO market. — Bloomberg

TWO weeks ago, Bitzumi Inc, which describes itself as a “vertically integrated bitcoin exchange” of online media and crypto-related offerings, began soliciting investors on its website.

Bitzumi has two executives, only one of whom works full time; the CFO puts in 10 hours a week.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , crypto , sec , ico

   

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