Frauds & Scandals

SEC Obtains Judgments Against Former Co-CEOs of Tech Startup Bitwise Industries

February 5, 2024/US SEC On January 31, 2024, the U.S. District Court for the Eastern District of California entered judgments against Jake Soberal and Irma Olguin, Jr., the former co-CEOs of Fresno, California-based private technology services startup Bitwise Industries Inc., in an action alleging that they misled investors about the […]

SEC Charges Founder of American Bitcoin Academy Online Crypto Course with Fraud Targeting Students

Defendant claimed his hedge fund would use sophisticated tools like artificial intelligence to generate returns February 2, 2024/US SEC The Securities and Exchange Commission today announced that Brian Sewell and his company, Rockwell Capital Management, agreed to settle fraud charges in connection with a scheme that targeted students taking Sewell’s […]

SEC Charges Founder of American Bitcoin Academy Online Crypo Course with Fraud Targeting Students

February 2, 2024/US SEC The Securities and Exchange Commission today announced that Brian Sewell and his company, Rockwell Capital Management agreed to settle fraud charges in connection with a scheme that targeted students taking Sewell’s online crypto trading course known as the American Bitcoin Academy. The SEC alleges that the […]