CandleFocus

SEC Sues the Founder of an Altcoin – Mistaken for an Altcoin on Binance, Price of Wrong Altcoin Plummets

The SEC has filed a lawsuit against Matthew Moravec, the founder of Thor Token. However, many media outlets mistakenly reported that the lawsuit was against THORChain (RUNE), causing confusion and a temporary fluctuation in the price of RUNE on Binance. The founder of RUNE, John-Paul Thorbjornsen, recently revealed his anonymous identity. Bitcoinsistemi.com chose not to publish the news until the information was clarified and states that this is not investment advice.

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