Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Leaderboard Analytics
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
United States Securities and Exchange Commission v. Empires Consulting Corp. et al
Case Number:
1:22-cv-21995
Court:
Nature of Suit:
Judge:
Government Agencies
-
June 21, 2023
SEC Nabs Default Win In EmpiresX Execs Ponzi Suit After Deal
Two former executives of crypto hedge fund EmpiresX who allegedly fled to Brazil after learning the U.S. Securities and Exchange Commission was investigating them, have been ordered to disgorge over $32 million and pay $11 million in fines as part of the resolution of claims they ran a cryptocurrency-based Ponzi scheme.
-
May 19, 2023
SEC Inks $35M Settlement With Crypto Hedge Fund EmpiresX
The U.S. Securities and Exchange Commission reached a settlement with crypto hedge fund EmpiresX that will see the now-defunct firm pay $34.6 million to settle claims that it ran a fraudulent trading scheme.
-
April 20, 2023
Crypto Scammer Must Pay $300K For Ponzi Scheme
Cryptocurrency scammer Joshua David Nicholas must pay $300,000 as part of a consent judgment with the Securities and Exchange Commission for running a $40 million Ponzi scheme through a cryptocurrency platform.
-
September 08, 2022
EmpiresX Trader Pleads Guilty In $100M Crypto Scheme
The purported head trader of a cryptocurrency platform prosecutors allege was a Ponzi scheme pled guilty to one count of securities fraud in a Florida federal court Thursday, with the government agreeing to dismiss the only other count against him.
-
June 30, 2022
DOJ Charges 3 Fla. Men With Running $100M Crypto Scheme
The U.S. Department of Justice announced Thursday it charged three men who ran a purported hedge fund in Florida with wire fraud and securities fraud for allegedly generating $100 million in a cryptocurrency-based Ponzi scheme.