Case Is Agency’s First Involving Securities Using DeFi Technology August 6, 2021/US SEC The Securities and Exchange Commission today charged two Florida men and their Cayman Islands company for unregistered sales of more than $30 million of securities using smart contracts and so-called “decentralized finance” (DeFi) technology, and for misleading […]
Frauds & Scandals
Jury Finds Broker-Dealer, Transfer Agent and Two Key Principals Liable in Microcap Shell Factory Fraud
August 3, 2021/US SEC On Friday, July 30th, after a three week trial in Federal Court in Tampa, Florida, a jury returned a unanimous verdict finding broker-dealer Spartan Securities Group, LTD., transfer agent, Island Capital Management LLC d/b/a Island Stock Transfer, and two of their principals, Carl E. Dilley and […]
Abba Kyari: A Fall From Grace
August 3, 2021 By Reuben Abati The story of Abba Kyari, the Deputy Commissioner of Police and erstwhile head of the Nigerian Police Intelligence Response Team speaks to the fate of all men who are overtaken by hubris, that flaw of character from which tragedies have been written from Sophocles […]
