July 9, 2021/US SEC The Securities and Exchange Commission today charged Apostolos Trovias, a Greek national, with perpetrating a fraudulent scheme to sell what he called “insider trading tips” on the Dark Web. The Dark Web, which facilitates anonymity by obscuring users’ identities, allows users to purchase and sell illegal […]
Frauds & Scandals
SEC Charges Three Individuals with Insider Trading
July 9, 2021/US SEC The Securities and Exchange Commission today charged three individuals with insider trading in advance of an announcement by Long Blockchain Company (formerly known as Long Island Iced Tea Co.) that it was going to “pivot” from its existing beverage business to blockchain technology, which caused the company’s […]
SEC Charges Company and Two Executives for Misleading Covid-19 Disclosures
July 7, 2021/US SEC The Securities and Exchange Commission today announced charges against Parallax Health Sciences, Inc. for making misleading statements about its efforts to fight COVID-19. The SEC also charged Parallax’s Chief Executive Officer, Paul Arena, and its Chief Technology Officer, Nathaniel Bradley, for their roles in the statements. […]
