
A New Precedent FINRA Charges Crypto Broker With Securities Fraud
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n nn nn The Financial Industry Regulatory Authority FINRA, a non-profit watchdog for public brokerage firms in the U.S., has had its first run-in with the cryptocurrency industry. The self-regulatory organization is filing a complaint against a Massachusetts man for the unlawful distribution of an unregistered cryptocurrency security called HempCoin.Timothy Tilton Ayre, FINRA alleges, illegally associated sales in his publicly traded company, Rocky Mountain Ayre I
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