February 28, 2025/US SEC The Securities and Exchange Commission announced on February 27, 2025 that it filed charges against Justinas Butkus, of Lithuania, and two companies he owned and controlled, HMC Trading LLC and HMC Management LLC, for fraudulently raising approximately $4.1 million from 64 investors by selling interests in […]
Frauds & Scandals
SEC Announces Dismissal of Civil Enforcement Action Against Coinbase
February 27, 2025/US SEC The Securities and Exchange Commission today announced that the Commission has filed a joint stipulation with Coinbase Inc. and Coinbase Global Inc. to dismiss the ongoing civil enforcement action against the two entities. On January 21, 2025, the Commission announced the formation of the Crypto Task […]
SEC Charges Justinas Butkus with Orchestrating $4 Million Fraud
Butkus used fraudulent investment firms TBO Capital and Gray Capital to scam investors February 27, 2025/US SEC The Securities and Exchange Commission today filed charges against Justinas Butkus, of Lithuania, and two companies he owned and controlled, HMC Trading LLC and HMC Management LLC, for fraudulently raising approximately $4.1 million […]
