SEC Probes Cryptoasset Hedge Funds as Regulators Ramp up ICO Scrutiny

The US Securities and Exchange Commission (SEC) has reportedly begun probing cryptoasset hedge funds as part of its wider clampdown on initial coin offerings (ICO) that violate federal securities regulations. Citing three people familiar with the matter, Bloomberg reports that the SEC has made inquiries to a number of cryptoasset hedge funds seeking information about