ICO Descrow is live now

SEC has set a first precedent of interrupting an ICO. The Commission has frozen the assets of the PlexCorps company that has attracted about 15 million dollars since August 2017, from thousands of investors who were promised a 1,354 percent return in just 29 days.

The company owners Dominic Lacroix and Sabrina Paradis-Royer were charged with distribution of unregistered securities, violation of anti-fraud law and several other violations. SEC describes Lacroix as a “recidivist Quebec securities law violator”.

ICOs really are the “Wild West” of financial markets, where securities issuers play fast-and-loose with the rules. This is the space where an investor needs a secure instrument for proper assessment of the projects. The most reliable instrument of assessment up to date is a collective intelligence — Descrow mechanism is based precisely on the “wisdom of a crowd”, which is proven way to make a secure investment decision.

Descrow — the international platform to secure investments.

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