Boston Tech Watch: ICO Shutdowns, MIT Media Lab Fund, Webb’s New Gig

April 3, 2018

Here are some of the latest headlines in Boston-area tech:

—Massachusetts Secretary of State William Galvin’s office said it put a stop to “initial coin offerings” by five companies based here, saying that they violated securities laws. That action follows the January filing of administrative charges against another company, Caviar, claiming its ICO was an illegal sale of unregistered securities. Read more in The Boston Globe about this week’s announcement by Galvin.

—C.A. Webb was named the president of the Kendall Square Association, the business group working to advance the neighborhood located next to MIT, home of many life sciences and tech companies. Webb previously led the New England Venture Capital Association and co-founded Underscore VC. She takes over for Alexandra Lee, who left last year to run the Sasaki Foundation in Watertown, MA, according to her LinkedIn profile.

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