May 11, 2023
A former executive of a now-defunct cryptocurrency venture has been hit with a nearly $257,000 default judgment in a U.S. Securities and Exchange Commission suit over allegedly misappropriated investor funds, but a federal judge refused the SEC's request for a maximum penalty after the executive partly made good on a promise to return money to investors.
January 19, 2022
An executive of now-defunct cryptocurrency venture Gold Hawgs misused about $123,000 in investor funds, the U.S. Securities and Exchange Commission told a Colorado federal court.