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Sunday, August 7, 2022
Ponzi scheme

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...
insider trading

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,...
FRAUD ALERT, securities fraud, SEC enforcement

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_logo_securities_and_exchange_commission

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 mobile

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

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 Order unregistered ICO

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...
lawsuit-settlement

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

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...

Must Read

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...