The Securities and Exchange Commission (SEC) released a report Thursday (February 15th) explaining the temporary suspension of trade in three companies that had made statements about the acquisition of cryptocurrency and "blockchain technology-related assets".

The three companies Cherubim Interests (CHIT), PDX Partners (PDXP) and Victura Construction Group (VICT) were suspended from February 16. for two weeks for investor protection purposes. The SEC's trading suspension orders state that the three companies issued press releases stating that:

"[T] companies acquired AAA rated assets from a Subsidiary of a private investor in cryptocurrency and blockchain technology, among others.According to the SEC order regarding CHIT, he also announced the execution of a financing commitment to launch a offer of initial coin [ICO] "

SEC's orders also specify" there are questions regarding the nature of At the end of August 2017, the SEC issued a warning to investors regarding ICOs and the potential for scams, including the reasons why it could suspend the business of a company.protect investors and the public interest ". On January 22, 2018, SEC President Jay Clayton warned that companies that are changing their business models "on the promise" of Blockchain technology will be subject to closer scrutiny by the authorities of regulation.