North Dakota Regulator Issues Cease and Desist Order Against Union Bank ICO Fraud

The North Dakota Securities Department, responsible for the enforcement of the securities laws in the U.S. state, has issued a cease and desist order against Union Bank Payment Coin (UBPC) for allegedly promoting a fraudulent initial coin offering (ICO). The financial watchdog accuses the firm of being a copycat of...

Ricardo Esteves | November 20, 2018 | 9:00 pm