SEC closes BitClave chapter, distributes $4.6M to victims

The US Securities and Exchange Commission (SEC) announced that it has begun distributing $4.6 million to investors of BitClave’s infamous 2017 ICO. This payout comes out from a fair fund created after a 2020 settlement with the now-defunct crypto startup. BitClave raised $25.5 million in just ninety seconds during the ICO boom by selling Consumer

Source: Cryptopolitan