The Financial Industry Regulatory Authority (FINRA) has issued its first cryptocurrency-related disciplinary action, charging Timothy Tilton Ayre, a broker in Agawam, MA., with securities fraud and the unlawful distribution of HempCoin, which the agency claims is an unregistered cryptocurrency security.
https://www.ccn.com/finra-takes-down-hempcoin-cryptocurrency-for-selling-unregistered-securities/