September 30, 2024
The U.S. Securities and Exchange Commission was granted an early win Monday in a case alleging that a startup founder illegally sold $18 million in cryptocurrency tokens, after a federal judge said it was "undisputed" that the founder knew that he hadn't registered the tokens.
January 21, 2022
A Massachusetts man accused of illegally selling $18 million in cryptocurrency tokens hit back against the U.S. Securities and Exchange Commission's allegations, saying the agency didn't show the tokens were securities.
September 08, 2021
A Massachusetts man illegally sold $18 million in unregistered securities in the form of a useless crypto coin, then gave himself a bonus and bought a house in the Cayman Islands, the SEC alleged Wednesday.