Shipchain, Founded by John Monarch, Gets Shutdown via SEC Enforcement Action

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🚨 11/20/24 🚨 False DMCA Takedown Attempt:  John Monarch previously submitted a false DMCA Takedown to remove this article from Google.   The photo from this video is taken from a conference and is not owned by John Monarch.  Any further attempts to remove this article or any other article on the USA Herald will result in a new lawsuit getting filed by the USA Herald against John Monarch.

🚨 Alert 6/15/22🚨  John Monarch’s co-defendant has implicated him in an alleged blackmail after Monarch attempted to clear his liability by falsely shifting the blame on the co-defendant.   More information to come soon on this.

John Monarch, Founder and CEO of Shipchain, had his company officially shut down by the Securities Exchange Commission today.

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The USA Herald has previously covered alleged fake news articles that were published at Monarch’s direction on Forbes promoting the Shipchain ICO but were later taken down by Forbes staff.  Many investors in the $27.5 million dollar Shipchain ICO had taken to the internet to complain of their money lost due to Monarch’s machinations.