TZERO proposed the settlement, which the SEC accepted, according to the order. Under the terms of the settlement, TZERO is neither admitting nor denying the SEC’s findings. This is the SEC’s second enforcement action and settlement in 2022, following a settlement with decentralized prediction market Polymarket earlier this month. Source link … [Read more...] about TZERO Settles SEC Charges It Violated Disclosure Rules
charges
SEC Charges Founder of Crypto Startup Crowd Machine With Fraud
“As alleged, Sproule and Crowd Machine misled investors about how they were using ICO proceeds, spending funds on an entirely unrelated scheme,” Kristina Littman, Chief of the SEC Enforcement Division’s Cyber Unit said in the statement. “We will continue to hold accountable issuers of digital asset securities who fail to provide fulsome and truthful disclosure to the public,” … [Read more...] about SEC Charges Founder of Crypto Startup Crowd Machine With Fraud
Celsius CFO Arrested on Charges Tied to Former Job at Moshe Hogeg’s Firm
Shalem’s name was included – along with 17 others, including Hogeg’s – in an appendix to a document bearing the letterhead of the Israel police’s national fraud investigation unit. The page, reviewed by CoinDesk, was stamped Nov. 15 by Judge Erez Melamed of the Rishon Lezion Magistrate’s Court. It is not clear from the appendix what kind of document it was attached to. However, … [Read more...] about Celsius CFO Arrested on Charges Tied to Former Job at Moshe Hogeg’s Firm
BitMEX billionaire Ben Delo surrenders on money laundering charges
BitMEX co-founder Ben Delo has surrendered before authorities in the US on charges of money laundering, reported industry publication Bloomberg this morning.He traveled to New York from the UK and was arraigned before US Magistrate Judge Sarah L. Cave during a remote proceeding on Monday, pleading not guilty and securing a $20 million bail bond. Delo can now return to the UK in … [Read more...] about BitMEX billionaire Ben Delo surrenders on money laundering charges