Tierion was ordered to pay a $250,000 fine and disable the token code to prevent further transfers.
The SEC found that the 2017 ICO constituted an unregistered offering of securities . buy tierion
Tierion continues to operate as a company, focusing on its Chainpoint protocol and building on the Bitcoin network without the use of the retired TNT token. If You Are a Current Holder Tierion was ordered to pay a $250,000 fine
Trading of the TNT ERC-20 token is officially disabled and the smart contract has been permanently paused. If You Are a Current Holder Trading of
The company received a Regulation D waiver , allowing it to continue private placements of securities in the future due to its cooperation.
Operators who received TNT as rewards were eligible to sell them back to Tierion at a fixed rate of 0.01 cent plus interest . Summary of the SEC Settlement
Buying Tierion (TNT) is currently restricted due to a settlement with the SEC in December 2020. As part of this agreement, the project was required to of the TNT token and retire it from the market. Current Status of Tierion (TNT)