SEC Chair Warns Cryptocurrency Investors to Beware

By Rakesh Sharma

A day after his agency intervened to halt an initial coin offering (ICO) sale, the Securities and Exchange Commission (SEC) chairman, Jay Clayton, issued a note urging investors in cryptocurrencies and ICOs to exercise caution and “ask good questions, demand clear answers and apply good common sense” while investing in the instruments. Clayton also included a list of questions that could help investors make informed decisions.

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