SEC denies businessman Calata’s motion for Krops ICO

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Calata Chairman Joseph H. Calata shares update on the company’s delisting in a media briefing on Oct. 30, 2017. -- Photo by Arra Francia via Twitter

The Securities and Exchange Commission (SEC) has denied the motion of businessman Joseph H. Calata’s group to lift the cease and desist order (CDO) concerning the initial coin offering of online agricultural marketplace Krops.