The U.S. Securities and Exchange Commission (SEC) sued Ian Whale for violating federal securities laws with his 2018 ICO advertisements.
According to the claims made today by the SEC, Whale will be trading SPRK tokens from April to July 2018. informally of securities issued your ad made.
The SEC also has Whale as the issuer of the token in exchange for these ads. Sparkster Ltd. He emphasizes that he has been paid by the bank, but has not made a statement about it.
According to the Securities and Exchange Commission’s claims, Balina also wanted to sell her SPRK tokens to others. An investment pool on Telegram installed and rebuilt securities laws it was chewed.
Ian Balina advertised many ICOs during 2017 and 2018 through his YouTube channel Diary of a Made Man.
According to the SEC’s claims, Whale, on the one hand, while promoting SPRK, on the other hand, with the Sparkster team. SPRK worth about $5 million get tokens and use those tokens sell through their channels was making a deal.