The SEC filed a letter saying that it had reached agreements to settle with three defendants in what the agency called a case of 'lucrative market manipulation.' Among those defendants is the former CEO of Riot Blockchain, a company, which was the subject of a CNBC Investigation. The case is unrelated to Riot.
The SEC said in a letter that it reached agreements to settle with three defendants, including the former Riot Blockchain CEO, John O'Rourke, in what the agency had called a case of "lucrative market manipulation."
The SEC charged 20 people and entities in September for what it called "classic pump-and-dump schemes." The Securities and Exchange Commission filed a letter Tuesday morning saying that it had reached agreements to settle with three defendants in what the agency called "Among those to settle are John O'Rourke, former CEO of Riot Blockchain, a cryptocurrency company that was the subject of a"The staff has reached agreements in principle to settle this action with Defendants Michael Brauser, John O'Rourke, and John Stetson, and their affiliated entities," the SEC letter said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Interim Recording Academy CEO Harvey Mason Jr. Alleges Deborah Dugan Demanded “Millions” To ResignFour days after the Recording Academy placed President and CEO Deborah Dugan on administrative leave amid an “investigation” into alleged misconduct, interim President/CEO Harvey Mason …
Read more »
Universal Ordered To Pay Fired Exec Josh Goldstine $20M By Arbitrator; Let Go After “Inappropriate Conduct”Nearly two years after he was shown the door at Universal following undisclosed “inappropriate conduct” allegations, the studio’s former president of marketing Josh Goldstine has emerged with his n…
Read more »
Here’s Why ‘Blue Monday’ Should Be Approached With CautionThe day was launched 15 years ago as a marketing campaign by Sky Travel, but is based on a scientifically shaky formula by a former academic at Cardiff University.
Read more »
Michigan, Tesla reach agreement for direct car sales: sourceTesla Inc has reached a settlement with Michigan to allow the electric carmaker ...
Read more »
Sadiq Khan says the UK should stop being 'sycophantic' to Donald Trump - Business Insider'What we should be doing is saying 'you know what, your views on women I don't agree with, your views on immigrants and Mexicans I don't agree with'.
Read more »
EU won't meet China halfway in investment talks: EU trade chiefThe European Union wants to agree a deal with China this year to protect foreign...
Read more »