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SEC Issues Cease-And-Desist Order, Fines All Parties Involved In UpToken ICO

By Semilore Faleti at 2026-06-20 13:35

Sentiment: Negative

The U.S. Securities and Exchange Commission (SEC) has issued a cease-and-desist order against crypto exchange giant Coinme and its business subsidiary Up Global Inc. for conducting an unregistered and disingenuous coin offering of the cryptocurrency UpToken. In addition, both companies, along with their founder and CEO, Neil Bergquist, have been ordered to pay fines summing […] Continue reading...

Categories: SEC

Tags: #SEC

Source Bitcoinist