US SEC sues Dropil ICO
The US SEC went to court against another fraudulent ICO project Dropil, which promised its depositors to create a profitable bot for Trading Dex.
A lawsuit was filed against the project itself and its three organizers. They are accused of collecting $ 1.9 million from 2,000 people and used it not for product development, but for personal purposes.
They falsified trading data and conducted transactions in tokens of DROP projects, which were supposed to create the illusion of a successful bot.