SEC Sues ‘Chicago Crypto Capital’, Employees for Illegally Selling BXY Tokens

BXY is a token aligned with the defunct crypto exchange Beaxy, according to the complaint. Hoping to raise capital and create a strong user base, Beaxy sold investors on a token that it said could generate ICO-era gains. it had an agreement with CCC to sell them as well. CCC pocketed 3 cents of every 5 cent sale, the complaint said.


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