27/9/2018/US SEC The Securities and Exchange Commission today filed charges against an international securities dealer and its Austria-based CEO for allegedly violating the federal securities laws in connection with security-based swaps funded with bitcoins. According to the SEC’s complaint, 1pool Ltd. a/k/a 1Broker, registered in the Republic of the Marshall […]
Frauds & Scandals
Elon Musk Charged with Securities Fraud for Misleading Tweets
27/9/2018/US SEC The Securities and Exchange Commission today charged Elon Musk, CEO and Chairman of Silicon Valley-based Tesla Inc., with securities fraud for a series of false and misleading tweets about a potential transaction to take Tesla private. On August 7, 2018, Musk tweeted to his 22 million Twitter followers […]
SEC Obtains Permanent Injunction Against CEO in Penny Stock Fraud Scheme
September 27, 2018/US SEC The Securities and Exchange Commission has obtained a final judgment against the former CEO of a penny stock company, whom the SEC charged with making false and misleading statements in the company’s SEC filings and press releases and with manipulating the company’s stock. The SEC alleged […]
