SEC obtains emergency relief to freeze defendants’ assets August 27, 2024/US SEC The Securities and Exchange Commission today announced that it obtained emergency asset freezes against Jonathan Adam, a resident of Angleton, Texas, and his brother, Tanner Adam, a resident of Miami, Florida, and against their respective entities, GCZ Global […]
Frauds & Scandals
SEC Charges Abra with Unregistered Offers and Sales of Crypto Asset Securities
Abra also allegedly operated as an unregistered investment company August 27, 2024/US SEC The Securities and Exchange Commission today filed settled charges against Plutus Lending LLC, which does business as Abra, for failing to register the offers and sales of its retail crypto asset lending product, Abra Earn. The SEC […]
SEC Charges Sound Point Capital Management for Compliance Failures in Handling of Nonpublic Information
Fund adviser’s policies failed to consider potential impact of material nonpublic information gained from role as company lenders August 27, 2024/US SEC The Securities and Exchange Commission today announced settled charges against New York-based registered investment adviser Sound Point Capital Management LP for failing to establish, maintain, and enforce written […]
