This article was originally posted on ETHNews - an emerging provider of Ethereum and Blockchain news. They cover breaking news, announcements, information, and in-depth analyses on Ethereum, blockchain, and virtual currency developments. For more follow the link below.
Last week, the Securities and Exchange Commission issued an emergency lawsuit against Reginald Middleton and his two companies, Veritaseum LLC and Veritaseum Inc., alleging Middleton had held a fraudulent ICO. Middleton has since responded to the lawsuit, claiming that the Veritaseum assets have always remained in control of the two companies.
To read more from ETHNews follow this link.