Jul 28, 2022 | SEC Investigations, White Collar Crime
The Department of Justice (DOJ) announced that Michael Alan Stollery, the CEO and founder of Titanium Blockchain Infrastructure Services (TBIS), pleaded guilty to securities fraud for his role in a cryptocurrency scheme that involved raising approximately $21 million...
Jun 6, 2022 | SEC Investigations
On May 31, the Securities and Exchange Commission announced that it had charged SCWorx Corp. and its former Chief Executive Officer with making false and misleading statements about SCWorx’s plans to distribute COVID-19 rapid test kits in April 2020. The SEC alleges...
May 10, 2022 | SEC Investigations
On May 6, the Securities and Exchange Commission announced that it had filed charges against a cryptomining company, its founders, and other related entities in connection with alleged unregistered offerings and fraudulent sales of investment plans. MCC International...
May 3, 2022 | SEC Investigations
On April 28, the Securities and Exchange Commission announced that it had reached a settlement with Medley Management, a publicly-traded asset manager, and its former co-CEOs in connection with charges brought by the SEC alleging that Medley Management had made...
Jan 11, 2022 | SEC Investigations
On January 6, the Securities and Exchange Commission announced that it had filed charges against an Australian businessman, Craig Sproule, and his two companies, Crowd Machine, Inc. and Metavine, Inc., alleging that they had made materially false and misleading...
Oct 11, 2021 | SEC Investigations
On October 5, the SEC announced that it had charged CanaFarma Hemp Products Corp., a Canadian startup, and its co-founders with violating the antifraud provisions of the securities laws. The SEC alleges that the company fraudulently raised $15 million from various...
