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Author Topic: KaratGold $100m ICO Scam Under SEC Radar  (Read 865 times)

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Offline cryptogeniusTopic starter

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KaratGold $100m ICO Scam Under SEC Radar
« on: October 07, 2019, 04:17:59 AM »

Karat Gold ICO Scam! The number of ICO scams is so astonishing, it’s hard to keep track of them. The majority (over 90%) of these crypto projects no longer exist. Some are currently under U.S. Security and Exchange Commission investigation, while others have disappeared, never to be heard again.

The SEC announced late last month they’re going after Jonathan Lucas; CEO of Fantasy Market, whom the SEC accused of running a fraudulent ICO. Now it’s Karat Gold’s turn to feel the wrath of the SEC. The company raised $100m during its initial coin offering in 2018.


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