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Steven Seagal-backed ICO Bitcoiin2Gen Slapped with Cease and Desist Order

The New Jersey Bureau of Securities has slapped the Steven Seagal-backed initial coin offering (ICO) “Bitcoiin2Gen” (Bitcoiin or B2G) with a cease and desist order, alleging that it is fraudulently selling unregistered securities. The order, which was entered on March 7, is not entirely surprising, as the project was characterized by a number of red

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