![](http://www.onlinebitcoin.biz/wp-content/uploads/2020/09/sec-orders-salt-lending-to-offer-refunds-to-investors-in-its-47m-ico.jpg)
The top U.S. financial watchdog has ordered Salt Lending to offer investors refunds for its 2017 initial coin offering (ICO).
EDIT (Sept. 30, 16:50 UTC): This article has been updated to specify that the SEC is ordering Salt Lending to offer investors refunds, rather than issue refunds directly.