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What Is a “Cease and Desist” Order in the Context of an ICO?

A formal order from a regulator demanding the immediate stop of an illegal activity, such as selling unregistered securities, used to halt an ICO.
Greeks.Live15.11.25

What Is a “Cease and Desist” Order in the Context of an ICO?

A cease and desist order is a formal demand from a regulatory body, such as the SEC, requiring an individual or entity to immediately stop an activity that the regulator believes is illegal, such as selling unregistered securities. It is a powerful enforcement tool that can halt an ICO instantly.

Failure to comply with a cease and desist order can lead to further, more severe legal penalties and criminal charges.

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