Us Securities And Exchange Commission Civil Case
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US SEC Drops Fraud Case Against BitClout Founder Nader Al-Naji
The US Securities and Exchange Commission has dismissed its civil fraud lawsuit against BitClout founder Nader Al-Naji. The case accused him of raising $257 million (roughly Rs. 2,374 crore) through the sale of the project’s native token while allegedly misleading investors about how the funds would be used. The case was dismissed with prejudice...
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US Judge Puts SEC, CFTC Cases Against FTX's Sam Bankman-Fried on Hold Till Ongoing Criminal Case Concludes
EC, CFTC's civil cases against Sam Bankman-Fried were put on hold by a US judge on Monday until the conclusion of the Department of Justice's criminal case against the founder of the now-bankrupt FTX cryptocurrency exchange. US District Judge Kevin Castel in Manhattan granted a Justice Department motion to stay the lawsuits filed by the Securities ...
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Oracle to Pay About $23 Million to Resolve Another SEC Bribery Case Involving India Unit
Oracle will pay about $23 million (nearly Rs. 190 crore) to resolve charges that its units in Turkey, the United Arab Emirates and India used slush funds to bribe foreign officials in order to win business, the US Securities and Exchange Commission said on Tuesday. The case covered alleged wrongdoing from 2014 to 2019.
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Telegram to Pay $18.5 Million, Return Investor Money to Settle US SEC Charges
Telegram Group has agreed to return $1.2 billion (972.84 million pounds) to investors and pay an $18.5 million civil penalty to resolve charges over an unregistered digital token coin offering, the US Securities and Exchange Commission (SEC) said on Friday.
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Raj Rajaratnam, Rajat Gupta Seek to Void US Insider Trading Penalties
Galleon Group hedge fund founder Raj Rajaratnam and former Goldman Sachs Group Inc director Rajat Gupta are seeking to overturn penalties imposed against them for insider trading, citing a recent US court decision that narrowed the definition of that offence.
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US SEC Drops Fraud Case Against BitClout Founder Nader Al-Naji
The US Securities and Exchange Commission has dismissed its civil fraud lawsuit against BitClout founder Nader Al-Naji. The case accused him of raising $257 million (roughly Rs. 2,374 crore) through the sale of the project’s native token while allegedly misleading investors about how the funds would be used. The case was dismissed with prejudice...
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US Judge Puts SEC, CFTC Cases Against FTX's Sam Bankman-Fried on Hold Till Ongoing Criminal Case Concludes
EC, CFTC's civil cases against Sam Bankman-Fried were put on hold by a US judge on Monday until the conclusion of the Department of Justice's criminal case against the founder of the now-bankrupt FTX cryptocurrency exchange. US District Judge Kevin Castel in Manhattan granted a Justice Department motion to stay the lawsuits filed by the Securities ...
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Oracle to Pay About $23 Million to Resolve Another SEC Bribery Case Involving India Unit
Oracle will pay about $23 million (nearly Rs. 190 crore) to resolve charges that its units in Turkey, the United Arab Emirates and India used slush funds to bribe foreign officials in order to win business, the US Securities and Exchange Commission said on Tuesday. The case covered alleged wrongdoing from 2014 to 2019.
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Telegram to Pay $18.5 Million, Return Investor Money to Settle US SEC Charges
Telegram Group has agreed to return $1.2 billion (972.84 million pounds) to investors and pay an $18.5 million civil penalty to resolve charges over an unregistered digital token coin offering, the US Securities and Exchange Commission (SEC) said on Friday.
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Raj Rajaratnam, Rajat Gupta Seek to Void US Insider Trading Penalties
Galleon Group hedge fund founder Raj Rajaratnam and former Goldman Sachs Group Inc director Rajat Gupta are seeking to overturn penalties imposed against them for insider trading, citing a recent US court decision that narrowed the definition of that offence.
