Blockvest spared default judgment in SEC fraud case

Blockvest spared default judgment in SEC fraud case – CoinGeek

Blockvest won a small victory in court on what would appear to be a legal technicality, granting some reprieve in its ongoing SEC fraud case. The project was sued by an elderly couple, Tommy and Christine Garrison, who had lost money in its initial coin offering (ICO), and centers on allegations of securities law violations.