Vault12's VGT Token Remains Unlisted on Centralized Exchanges Despite $17.45M Raise

Vault12 raised $17.45 million in 2018 by selling its VGT token. The company says it has fulfilled or abandoned every promise it made to token buyers. Despite this, VGT has never traded on a centralized cryptocurrency exchange. The article examines why exchanges have declined to list legacy tokens of this kind. The reporting points to regulatory uncertainty, particularly around the absence of explicit SEC immunity, as a central factor.
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