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The Daily Hodl 2023-05-02 16:55:17

SEC Hits Crypto Exchange Coinme With $4,000,000 in Fines for Alleged Securities Fraud

The U.S. Securities and Exchange Commission (SEC) is settling securities fraud allegations levied against the Seattle-based company Coinme Inc. for $4 million in penalties. According to an SEC announcement, the US securities regulator accuses Coinme, its subsidiary Up Global and Neil Bergquist, the CEO of both entities, of violating securities law for selling the digital The post SEC Hits Crypto Exchange Coinme With $4,000,000 in Fines for Alleged Securities Fraud appeared first on The Daily Hodl .

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