Former US SEC law enforcement head: SEC will soon fight IEO

On June 3rd, John Reed Stark, the head of the US SEC law enforcement department and lawyer, said that Bitcoin is a worthless scam that only encourages crime and must alert the public to all the filth in the field of encryption. He said that the US Securities and Exchange Commission will soon hit IEO, and IEO is just another false investment scam. The US SEC will crack down on startups that raise funds through IEO.