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‘Operation Cryptosweep’: ShipChain Ordered to Cease and Desist in South Carolina

The securities division of the South Carolina’s Office of the Attorney General has ordered blockchain startup ShipChain to stop operating in the state. The securities commissioner sent a cease-and-desist order to the company for allegedly violating securities laws. According to the order, ShipChain, which is a freight logistics platform built on the Ethereum blockchain, has
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