Boontech, Founder Pavithran Settle SEC Charges Over Fraudulent ICO and Registration Violations
The Securities and Exchange Commission (SEC) said Thursday it has charged Virginia-based Boontech and its founder Rajesh Pavithran for fraud and failure to register the firm’s tokens that were sold as investment securities. According to the SEC’s announcement, between November 2017 and January 2018, Boontech sold $5 million worth of
