SEC in Settlement Talks With ‘Fraudulent’ ICO Organizer Reg Middleton

SEC in Settlement Talks With ‘Fraudulent’ ICO Organizer Reg Middleton – CoinDesk

The U.S. Securities and Exchange Commission (SEC) announced it has entered into settlement discussions with Reggie Middleton, organizer of the $14.8 million Veritaseum (VERI) initial coin offering (ICO). In a filing with the New York Eastern District Court, published Oct. 2, the regulator said discussions with the defendants have taken place ahead of a pretrial conference.