February 17, 2021/US SEC The Securities and Exchange Commission today charged Joseph Cimino of Warwick, New York, the founder and former managing member of 6 Degree Tequila, LLC, with conducting a fraudulent securities offering and misappropriating investors’ funds for personal use. According to the SEC’s complaint, from approximately December 2014 […]
Frauds & Scandals
SEC Charges Digital Asset Trading Platform and Its CEO with Registration Violations
February 17, 2021/US SEC The Securities and Exchange Commission today announced charges against Coinseed, a company that purported to offer a mobile investment application that enabled users to invest in digital assets, and its co-founder and Chief Executive Officer, Delgerdalai Davaasambuu, in connection with Coinseed’s offer and sale of digital […]
Dantata: Court Adjourns Due to Absence of Fourth defendant
February 17, 2021/SEC Nigeria The Federal High Court sitting in Abuja has adjourned to April 15, 2021 the case between the Federal Government of Nigeria and Dantata Success and Profitable Company and four others. The company and its promoters were last year charged before the Federal High Court in Abuja for investment […]
