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Internet Celebrity Crowdfunding Platform “Protostarr”Closes After Connecting To Securities and Exchange Commission

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Protostarr known by the web big name crowdfunding stage, was reached by the SEC. Protostarr at that point counseled with lawyers, and from there on chose to stop operations. Per Protostarr’s public statement: “we were reached by the United States Security and Exchange Commission in regards to the underlying coin offering of Protostarr tokens to finance the advancement of our Ethereum decentralized application. After meeting with numerous legal advisors, we have chosen to stop assist operations and discount Ethereum gathered in our crowdsale that started on August 13, 2017.” The Protostarr token offering had raised 119.5 Ether, or almost $50,000. The organization will begin issuing discounts on September 2, 2017, for each approaching crowdsale exchange made before the discount date. About a month back, the SEC issued a report concerning The DAO, inferring that The DAO tokens were securities. Numerous in the crytpocommunity promptly began scrutinizing the eventual ...