April 28, 2022/US SEC The Securities and Exchange Commission charged Block Bits Capital, LLC, Block Bits Capital GP I, LLC and their co-founders Japheth Dillman and David Mata, with conducting a fraudulent unregistered securities offering. The SEC alleges that the San Francisco-based Block Bits entities, Dillman and Mata raised almost […]
Frauds & Scandals
SEC: Washington State Based Real Estate Investment Funds Managers Defrauded Investors for More Than a Decade
April 27, 2022/US SEC The Securities and Exchange Commission today charged two Washington state residents and the two companies they operated with defrauding investors in 15 private investment funds from 2007 to 2018. The complaint, filed in the United States District Court for the District of Oregon, alleges that Ross […]
SEC Charges Archegos and its Founder with Massive Market Manipulation Scheme
Multiple Archegos Executives Charged with Misleading Counterparties April 27, 2022/US SEC The Securities and Exchange Commission today charged Sung Kook (Bill) Hwang, the owner of family office Archegos Capital Management, LP (Archegos), with orchestrating a fraudulent scheme that resulted in billions of dollars in losses. The SEC also charged Archegos’s […]
