The SEC has issued an investor alert, urging caution regarding securities in crypto assets

ChainCatcher News, the U.S. SEC will issue an investor alert urging caution regarding crypto asset securities. The U.S. SEC points out that companies offering crypto asset investments and services may not comply with U.S. laws.

Crypto companies providing proof of reserves may not be able to guarantee that they hold sufficient assets in reality. The unregistered issuance of crypto asset securities may not provide key information, including audited financial statements, making it difficult for investors to make informed decisions. (Source link)