SEC charges Boon.Tech, CEO Rajesh Pavithran over fraudulent ICO

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Boon.Tech and Pavithran also agreed to destroy all Boon Coins in their possession, to remove it from any further trading on all third-party digital asset trading platforms, and to refrain from participating in any future ICO.

Pavithran also agreed to pay a penalty of $150,000 and to the order prohibiting him from serving as an officer or director of a public company.

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