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The founder of Veritaseum (VERI) sued for fraud by the SEC!
Veritaseum was a $15 million ICO scam.
The SEC is therefore taking legal action against Reginald Middleton and his company Veritaseum.
The action aims to prevent the defendants from dissipating the $8 million of investors’ remaining proceeds of the $15 million they fraudulently collected as part of an initial offer of coins, ICO.
The United States Securities and Exchange Commission (SEC) continues its fight against illegal cryptocurrency projects and scams.
On August 12, 2019, the US regulator filed its lawsuit against Veritaseum, LLC, Veritaseum, Inc. and Reginald Middleton with the District Court in the Eastern District of New York.
https://bitcoincryptoadvice.com/the-founder-of-veritaseum-veri-sued-for-fraud-by-the-sec/