SEC sues Southport Capital and Owner John Woods for Operating a Ponzi Scheme
The Securities and Exchange Commission (SEC) sued two entities and their owner for operating a multimillion-dollar Ponzi scheme.
On August 20, the SEC filed a...
SEC Stops Netflix Insider Trading Ring that Made $3M in Illegal Profits
The Securities and Exchange Commission (SEC) detected and stopped a Netflix insider trading ring that made more than three million in illegal profits.
On Wednesday,...
SEC Charges GPL Ventures, HempAmericana in Multi-Million Dollar Penny Stocks Fraud Scheme
The Securities and Exchange Commission (SEC) filed a lawsuit against GPL Ventures, HempAmericana, and others for their role in a multi-million dollar penny stocks...
SEC Stops an alleged Ponzi scheme by a Florida woman and her two companies
The Securities and Exchange Commission (SEC) succeeded in stopping a Florida woman and her two companies from continuing their alleged Ponzi scheme.
On Friday, the...
BitMEX to pay $100M to settle charges of illegally operating a cryptocurrency trading platform
BitMEX agreed to settle the charges filed by the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) alleging that...
Poloniex to pay $10M to settle SEC charges that it operated unregistered crypto exchange
Poloniex LLC agreed to pay more than $10 million to settle a complaint by the U.S. Securities and Exchange Commission (SEC) alleging that it...
SEC charges DeFi Money Market, its co-founders for offering unregistered digital tokens
The U.S. Securities and Exchange Commission (SEC) filed a complaint against Blockchain Credit Partners doing business as DeFi Money Market and its co-founders Gregory...
Robinhood (HOOD) falls 27.59% after shareholders disclose to sell 97.9M shares
The stock price of Robinhood Markets (NASDAQ: HOOD) dropped significantly on Thursday after its existing shareholders disclosed that they are selling 97.9 million shares.
The...
B2G, Start Options promoter John DeMarr pleads guilty for role securities fraud
The promoter of foreign cryptocurrency companies B2G and Start Options admitted his involvement in a multimillion-dollar scheme to defraud investors.
On Friday, the U.S. Department...
Nikola Founder Trevor Milton charged with securities and wire fraud, NKLA shares fall
Nikola Corporation (NASDAQ: NKLA) founder and former executive chairman Trevor Milton has been charged with securities and wire fraud for allegedly making false and...
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Texas asylum-seekers sent to New York and DC
Buses chartered from Texas and Arizona are taking asylum-seekers to Washington, D.C., and now New York. Both Arizona and Florida are using the same...
