It is in the public interest, for the protection of investors, and consistent with the purposes of the Act that Respondent be ordered to cease and desist from engaging in the aboveenumerated practices, which constitute violations of the Act, and pay an appropriate civil penalty for its wrongdoing.”
In a brazen response to the Attorney General’s Cease & Desist Demand, Shipchain appears to have ignored the demand by stating “it’s business as usual for us here.”
The Shipchain token continued to trade today in spite of regulators demands to Cease & Desist:
More to follow on this emerging story.
