The Californian CEO of Titanium Blockchain was sentenced to 4 years in jail – ending a 2018 preliminary coin providing (ICO) saga that disadvantaged buyers of $21 million.

Michael Stollery, who based Titanium Blockchain Infrastructure Companies (TBIS), was a key determine in a “cryptocurrency fraud scheme” that concerned an preliminary coin providing for TBIS – carried out between late 2017 and early 2018, based on the Ministry of Justice.

SEC strengthens legislation enforcement

Proceed studying on Coin Telegraph