NAC Foundation Denies SEC Fraud Allegations
The NAC Foundation denies that AML BitCoin is a security and accuses the US Securities and Exchange Commission (SEC) of fraudulent conduct in a legal proceeding. Earlier, the SEC accused the NAC Foundation, its CEO Marcus Andrade and political lobbyist Jack Abramoff of organizing an unregistered sale of AML BitCoin cryptoassets in the amount of $ 5.6 million, fraud and misleading investors. Abramoff agreed to pay a $ 50,000 fine, as well as $ 5,501…
