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SEC files unregistered securities charges against Thor Token creators for 2018 ICO

Thor Technologies raised $2.6 million from 1,600 investors between March and May 2018 through the sale of its Thor (THOR) coin. About 200 of the 1,600 investors lived in the United States, and not all of them were accredited. The SEC claimed in the suit that the ICO constituted a securities sale.

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