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Judge rules health-care cryptocurrency is Colorado securities offering, cease and desist order issued

Denver Business Journal

Colorado Securities Commissioner Gerald Rome has issued a cease and desist order against the Florida-based cryptocurrency firm Linda Healthcare Corporation and its founder Arturo Devesa, a Colorado Division of Securities release said Monday. The order came after Colorado Administrative Law Judge Matthew Norwood ruled on July 6 that Linda Healthcare Corporation’s initial coin offering, commonly referred to as an ICO, constituted a securities offering.