Rari Capital also charged for engaging in unregistered crypto offerings September 18, 2024/US SEC The Securities and Exchange Commission today announced settled charges against Rari Capital, Inc., a supposed decentralized finance (DeFi) protocol, and its co-founders, Jai Bhavnani, Jack Lipstone, and David Lucid, for misleading investors and engaging in unregistered […]
Frauds & Scandals
SEC Charges 11 Institutional Investment Managers with Failing to Report Certain Securities Holdings
Two of the firms also charged with failing to report large trader transactions September 18, 2024/US SEC The Securities and Exchange Commission today announced charges against 11 institutional investment managers for failing to file reports, known as Forms 13F, that they were required to file because they have discretion over […]
SEC Charges Multiple Individuals and Entities in Relationship Investment Scams
Schemers allegedly used WhatsApp, LinkedIn, and Instagram to lure investors to fake crypto asset trading platforms before stealing their money September 17, 2024/US SEC The Securities and Exchange Commission today charged five entities and three individuals in connection with two relationship investment scams involving fake crypto asset trading platforms […]
