The Securities and Exchange Commission today charged Silvergate Capital Corporation, its former CEO Alan Lane, and former Chief Risk Officer (CRO) Kathleen Fraher with misleading investors about the strength of the Bank Secrecy Act/Anti-Money Laundering… SEC Press Release
Mark J. Astarita
SEC Charges Consensys Software for Unregistered Offers and Sales of Securities through its MetaMask Staking Service
The Securities and Exchange Commission today charged Consensys Software Inc. with engaging in the unregistered offer and sale of securities through a service it calls MetaMask Staking and with operating as an unregistered broker through MetaMask Staking… SEC Press Release
SEC Office of the Investor Advocate Delivers Report to Congress on Objectives for Fiscal Year 2025
The Securities and Exchange Commission’s Office of the Investor Advocate today delivered its Report to Congress on the Office’s objectives for fiscal year 2025. As detailed in the Report, the Investor Advocate’s priorities for fiscal year 2025… SEC Press Release
SEC Charges Meta Materials and Former CEOs with Market Manipulation, Fraud and Other Violations
The Securities and Exchange Commission today filed charges against Meta Materials Inc. and its former CEOs, John Brda and George Palikaras. The company has agreed to settle the SEC’s charges in an administrative proceeding, while the SEC’s litigation… SEC Press Release
SEC Updates List of Firms Using Inaccurate Information to Solicit Investors
The Securities and Exchange Commission today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 24 soliciting entities, six impersonators of genuine firms, and four… SEC Press Release
SEC Charges R.R. Donnelley & Sons Co. with Cybersecurity-Related Controls Violations
The Securities and Exchange Commission today announced that R.R. Donnelley & Sons Company (RRD), a global provider of business communication and marketing services, agreed to pay over $2.1 million to settle disclosure and internal control failure… SEC Press Release
SEC’s New Public Service Campaign Emphasizes Investor Protection
The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) today unveiled its new public service campaign, which highlights investor protection and encourages investors to explore the free tools and resources on Investor.… SEC Press Release
Terraform and Kwon to Pay $4.5 Billion Following Fraud Verdict
The Securities and Exchange Commission today announced that Terraform Labs PTE, Ltd. and Do Kwon agreed to pay more than $4.5 billion following a unanimous jury verdict holding them liable for orchestrating a years-long fraud involving crypto asset… SEC Press Release
SEC Charges JAG Capital Advisors and its Founder Joshua Goltry with Defrauding Investors
The Securities and Exchange Commission today charged Joshua Goltry and his investment management firm, JAG Capital Advisors LLC (JAG Advisors), in connection with a three-year scheme to defraud investors of at least $3 million. According to the SEC’s… SEC Press Release
SEC Charges Founder of AI Hiring Startup Joonko with Fraud
The Securities and Exchange Commission today charged Ilit Raz, CEO and founder of the now-shuttered artificial intelligence recruitment startup Joonko, with defrauding investors of at least $21 million by making false and misleading statements about the… SEC Press Release
