SEC Halts a Real Initial Coin Offering
https://www.bloomberg.com/view/articles/2017-12-12/sec-halts-a-real-initial-coin-offering [www.bloomberg.com]
2017-12-13 03:40
Well never mind then. “Munchee was seeking $15 million in capital to improve an existing iPhone app centered on restaurant meal reviews and create an ‘ecosystem’ in which Munchee and others would buy and sell goods and services using the tokens,” says the SEC, though in fact it only raised about 200 ether (about $60,000) from 40 buyers before shutting down.
source: ML