Token

Cryptocurrency

Bitcoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/sec-files-new-lawsuit-against-cryptocurrency-company/" data-wpel-link="internal">SEC Files New Lawsuit Against Cryptocurrency Company</a> 
<a href="https://en.coin-turk.com/bitcoin-price-momentum-slows-down-after-recent-surge/" data-wpel-link="internal">Bitcoin</a> price reached its daily low a short while ago, hitting $65,555. At this moment, the SEC released a new lawsuit announcement. The Securities Regulator had paused filing new lawsuits against cryptocurrency companies for a while. However, with the November elections approaching, the SEC emphasizes its determination by not holding back on lawsuits. 
<h2 style="text-align: justify" id="sec-cryptocurrency-lawsuit">SEC Cryptocurrency Lawsuit</h2> 
Gensler, who has been tightening the noose on cryptocurrency companies, has now filed another lawsuit. In <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">the announcement</a> just received, Nader Al-Naji is accused of fraud. This lawsuit also accuses the BTCLT Token of being a fraudulent asset. The press release includes the following details; 
<blockquote> 
 “According to the SEC’s complaint, starting in November 2020, Al-Naji raised more than $257 million from unregistered token offerings and BTCLT sales while falsely telling <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> that the proceeds would not be used to compensate himself or other BitClout employees. In reality, according to the complaint, Al-Naji spent more than $7 million of investor funds on personal expenses such as rental payments for a mansion in Beverly Hills and extravagant cash gifts to family members.” 
</blockquote> 
<img decoding="async" class="size-full wp-image-375380 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/SEC-Dava-.png" alt="" width="947" height="435"> 
SEC’s Director of Enforcement Gurbir S. Grewal said; 
<blockquote> 
 “As alleged in our complaint, Al-Naji tried to evade federal securities laws and defraud the investing public.” 
</blockquote> 
This lawsuit also sends the message that you cannot deceive us with platforms disguised as decentralized. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/sec-files-new-lawsuit-against-cryptocurrency-company/" data-wpel-link="internal">SEC Files New Lawsuit Against Cryptocurrency Company</a></h5>
The post <a href="https://en.coin-turk.com/sec-files-new-lawsuit-against-cryptocurrency-company/" data-wpel-link="internal">SEC Files New Lawsuit Against Cryptocurrency Company</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

SEC Files New Lawsuit Against Cryptocurrency Company

Mục lục

COINTURK NEWS

Các bài viết khác được xuất bản trên 30 thg 7, 2024

Notcoin Price Plunges 12% In A Week As Experts Say Consider This P2E DOGE Derivative For Paraboli...

HashKey Global Expands Crypto Derivatives with New Perpetual Futures Contracts

Top 10 Crypto & Bitcoin Casino Sites in Canada (2024)

Meet the 10 startups selected for the 8th Cohort of Google’s Startups Accelerator Africa

WienerAI Presale Enters Last 24 Hours After Raising $8M – Could This Meme Coin 10x This Week?

Top Democratic Donors Urge Kamala Harris to Speak at Crypto Conference in October

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!