September 4, 2024/US SEC The Securities and Exchange Commission today charged Black Dragon Capital, LLC (“Black Dragon Capital”), Black Dragon Capital Investment Management, LLC a/k/a Black Dragon Capital Investment Management, Inc. (“Black Dragon CIM”) (collectively, “Black Dragon Entities”), advisers to private funds, and their CEO, Louis Hernandez, Jr. (“Hernandez”), alleging […]
Frauds & Scandals
SEC Charges Two South Florida Men and Related Entity with Fraud
September 4, 2024/US SEC Today, the Securities and Exchange Commission charged Miami-area residents Francisco Javier Malave Hernandez (“Malave”) and Ricardo Javier Guerra Farias (“Guerra”) and a company Malave controlled with defrauding investors who purchased approximately $5 million in promissory notes. Most of the investors are members of the Venezuelan-American community […]
SEC Charges Crypto-Focused Advisory Firm Galois Capital for Custody Failures
Firm also misled investors about its redemption practices September 3, 2024/US SEC The Securities and Exchange Commission today announced settled charges against Florida-based Galois Capital Management LLC, a former registered investment adviser for a private fund that primarily invested in crypto assets, for failing to comply with requirements related to […]
