Enigma Reaches Settlement With SEC, Agrees to Refund Harmed Investors

20-Feb-2020

Privacy-focused blockchain project Enigma has settled charges with U.S. regulator SEC (Securities and Exchange Commission), which labeled the project’s ICO as an unregistered securities offering. As part of the settlement, Enigma agreed to pay a $500,000 fine and register its tokens as securities. More importantly, investors in the Enigma ICO will be eligible for a refund. ENG is currently trading at 0.56x its ICO price (expressed in USD). read more

Peter Wind