The final nail in the coffin: SEC obtains final judgment on John McAfee's complaint from Oct. 5, 2020.
The United States Securities and Exchange Commission obtained the final judgment for an initial coin offering promotion scheme against, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. Watson allegedly assisted McAfee in negotiating promotional deals with ICO issuers and cashing out the crypto payments, among other pump-and-dump charges.
“However, that such injunction shall not prevent Watson from purchasing or selling securities for his own personal accounts.” The U.S. Treasury sought input from the public to include in reporting to the president on the possible implications of digital assets on finance and payment infrastructures. Sharing his views on the matter, Nellie Liang, Under Secretary of the Treasury for Domestic Finance stated:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Court sides with SEC in ICO promotion case against former McAfee assistantThe SEC won a final judgment in federal court against Jimmy Gale Watson, John McAfee's assistant, for his alleged role in promoting initial coin offerings on social media.
Lire la suite »
SEC Investigating Better.com For Securities Law ViolationsThe investigation comes amid litigation against Better and its controversial CEO alleging fraud and other corporate governance problems. From _pheebini:
Lire la suite »
Gensler: SEC could tailor disclosures for crypto firmsA top financial regulator suggested the Securities and Exchange Commission could tailor disclosures to accommodate crypto companies while protecting investors.
Lire la suite »
The SEC has asked Elon Musk more questions about his Twitter dealA letter sent by the SEC to Elon Musk on June 2 includes questions about the billionaire's use of Twitter to discuss the deal, including his tweets about the deal being paused, according to a Thursday regulatory filing.
Lire la suite »
SCOTUS ruling fuels red states' SEC challenge over corporate climate risk disclosuresRed state attorneys general say the Supreme Court's recent greenhouse gas ruling ensures they'll challenge SEC rules that would compel corporate climate risk disclosures.
Lire la suite »
Analysis: Why Elon Musk's fight with Twitter could draw further SEC scrutinyTwitter Inc's fight with Elon Musk to enforce his $44 billion deal to buy the social media platform could attract scrutiny from the U.S. securities regulator over whether Musk has misled the market during the course of the deal.
Lire la suite »