Galvin announces ‘landmark settlement’ with coin offering issuer AirFox

PROVIDENCE – Mass. Secretary of the Commonwealth William F. Galvin has reached a “landmark settlement” with Boston-based initial coin offering issuer AirFox. AirFox agreed to pay a $100,000 penalty after Galvin’s office maintained the company's sale of so-called “AirTokens” constituted the sale of unregistered securities. “As I said when my office first began its sweep…

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