Romanian Financial Supervisory Authority

SEC Charges Global Crypto Lending Platform and Top Executives in $2 Billion Fraud

Retrieved on: 
Wednesday, September 1, 2021

The SEC's complaint charges Defendants with violating the antifraud and registration provisions of the federal securities laws.

Key Points: 
  • The SEC's complaint charges Defendants with violating the antifraud and registration provisions of the federal securities laws.
  • The case was supervised by John O. Enright, Ms. Mehraban and Kristina Littman, Chief of the Cyber Unit.
  • The SEC's Office of Investor Education and Advocacy and Enforcement's Retail Strategy Task Force has issued an Investor Alert on Digital Asset and Crypto Investment .
  • Investors can find additional information about digital asset and "crypto" investment schemes, including the warning signs of fraud, at Investor.gov .