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Swiss regulator launches proceedings against ICO issuer
**The Swiss Financial Market Supervisory Authority FINMA has launched enforcement proceedings against envion ag.** After raising over $100 million from investors, envion ag’s ICO became the second major ICO that has sparked controversy in Switzerland. FINMA stated that **envion ag may have violated financial market law in relation to Initial Coin Offering** (ICO). Therefore, FINMA launched ...
Path: Blog