SEC disburses $4.6 million to BitClave ICO investors amid unresolved fund discrepancies

Assad Jafri

The US Securities and Exchange Commission (SEC) has distributed $4.6 million to investors of defunct crypto startup BitClave’s 2017 initial coin offering (ICO), according to a Nov. 20 announcement. The funds were disbursed as part of the BitClave Fair Fund established after a 2020 settlement. The firm halted its operations in 2020 after the SEC […]

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SEC disburses $4.6 million to BitClave ICO investors amid unresolved fund discrepancies