In what should be an interesting beginning to the coming avalanche of ICO failures, the SEC has come down hard on Munchee, a company that built a $15 million token sale. The SEC chairman recently ...

The Munchee shutdown is perhaps the first of many to come. Munchee, a blockchain-based food review service, was seeking $15 million for an App centered on restaurant meal reviews to create an ...

In a December 11, 2017 Administrative Proceeding, In the matter of Munchee Inc. (the Order), the U.S. Securities and Exchange Commission (SEC) shut down an ICO (initial coin offering). In doing so ...

On December 11, the U.S. Securities and Exchange Commision (SEC) issued a cease-and-desist to California-based Munchee Inc. to stop their ICO and return the funds that had been collected. Munchee had ...

Munchee, a food review App based on Blockchain, agreed to refund all investors without accepting nor denying the allegation. The ICO was seeking $15 million in a highly hyped offer with claims the ...