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Brooklyn-based ICO promoter behind REcoin, charged by the SEC in 2017, is sentenced in federal court to 18 months for conspiring to commit securities fraud
Danny Nelson / CoinDesk: Brooklyn-based ICO promoter behind REcoin, charged by the SEC in 2017, is sentenced in federal court to 18 months for conspiring to commit securities fraud — The fraudster used diamonds and real estate to whisk away $300,000 in other people's money in 2017.