Bittrex Global GmbH also charged for failing to register as a national securities exchange April 17, 2023/US SEC The Securities and Exchange Commission today charged crypto asset trading platform Bittrex, Inc. and its co-founder and former CEO William Shihara for operating an unregistered national securities exchange, broker, and clearing agency. […]
Frauds & Scandals
SEC Obtains More Than $5 Million in Final Judgments Against Two Defendants in IIIicit Trading Scheme
April 17, 2023/US SEC On April 12, 2023, the U.S. District Court for the Eastern District of New York entered final judgments against defendants Jonah Engler and Barbara Desiderio in an ongoing civil action in which the SEC alleges that Engler, Desiderio and two other defendants conducted a fraudulent, unauthorized […]
N2.4Billion Debt: AMCON Takes Over Assets of Glano Nigeria Limited
April 17, 2023/AMCON Following an order of Honourable Justice I. N. Buba of the Federal High Court Lagos Division, the Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Glano Nigeria Limited over a huge indebtedness of over N2billion. Recall that AMCON, which is established to recover […]
