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BitClave investors get $4.6M back in US SEC settlement

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Summary
Nutrition label

66% Informative

BitClave investors have started receiving $4.6 million in repayments from the U.S. Securities and Exchange Commission .

The SEC announced on Nov. 20 that payments had been disbursed to eligible investors harmed during the company’s 2017 initial coin offering ( ICO ) Firm agreed to pay $29M including $4M in penalties and burn 1 billion of the catalyst tokens that have not been distributed.

VR Score

58

Informative language

55

Neutral language

55

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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