February 7, 2024/US SEC On February 7, 2024, the United States District Court for the Northern District of Illinois entered final judgments on all claims against two CoinDeal promoters, Arline Woodbury of Ridgewood, New Jersey and Joyce Holverson of River Forest, Illinois. The SEC’s complaint alleged that Woodbury and Holverson […]
Frauds & Scandals
SEC Charges TradeStation Crypto for Unregistered Offer and Sale of Crypto Asset Lending Product
Florida-based company agrees to settle charge concerning interest feature on crypto asset accounts February 7, 2024/US SEC The Securities and Exchange Commission today announced charges against TradeStation Crypto, Inc., based in Plantation, Florida, for failing to register the offer and sale of a crypto lending product that allowed U.S. investors […]
SEC Obtains Final Judgment Against Defendant for Role in Bribery Scheme
February 6, 2024/US SEC On February 5, 2024, the Securities and Exchange Commission obtained a final judgment against defendant Jeffrey Auerbach, whom the SEC previously charged for his role in a fraudulent scheme to bribe a stockbroker to buy a company’s stock in his customers’ accounts without the customers’ knowledge. […]
