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       #Post#: 405--------------------------------------------------
       SEC Charges Adult Entertainment Token Platform With 2017 ICO
       Fraud
   DIR By: diuk
       Date: September 24, 2019, 5:07 am
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       The U.S. Securities Exchange Commission charged Jonathan Lucas,
       27, the CEO of online adult entertainment marketplace, with
       running a fraudulent initial coin offering (ICO) scheme.
       According to the SEC’s lawsuit, the company claimed that
       investors could purchase its token and use them to request
       certain actions in a live adult performance on the platform.
       “Fantasy Market is a role-playing performance marketplace for
       live, client-controlled digital performances,” according to the
       company’s LinkedIn profile. “Through the use of our tokens, you
       control what the performers say and do during the show.”
       All the team members in the company are fictional except for
       Lucas, according to the complaint, which listed many false
       statements made by the company in promoting its ICO.
  HTML https://www.coindesk.com/sec-charges-adult-entertainment-token-platform-with-2017-ico-fraud
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