SEC settles fraud charges against $2.4M SoluTech ICO scam – CoinGeek
The U.S. Securities and Exchange Commission (SEC) has settled fraud charges against yet another ICO scam, this time from New Haven, Connecticut. Known as SoluTech, the startup reportedly conducted an unregistered ICO, violating U.S. securities laws. SoluTech was founded in September 2017 by Nathan Pitruzzello while he was still a student at the University of New Haven.