The U.S. Securities and Exchange Commission (SEC) charged two promoters for acting as unregistered brokers. The SEC action was filed in tandem with a criminal indictment by the U.S. Department of Justice against the same...more
In a lesson to everyone that the use of foolish monikers will come back to haunt you, Kais Mohammad, 36, a.k.a. “Superman29,” has met his Kryptonite - the U.S. Department of Justice. ...more
8/10/2020
/ Anti-Money Laundering ,
Bitcoin ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Transactions ,
FinCEN ,
Money Laundering ,
Money Services Business ,
Money Transmitter ,
Registration Requirement ,
Risk Management ,
Virtual Currency
Regulators routinely warn the public not to believe everything you read on the internet and that is especially true as it relates to start-up Centra Tech, Inc. (“Centra Tech”). Founded by Robert Farkas, Sohrab Sharma and...more
6/25/2020
/ Celebrity Endorsements ,
Criminal Prosecution ,
Debit Cards ,
Department of Justice (DOJ) ,
Digital Currency ,
FinTech ,
Influencers ,
Initial Coin Offering (ICOs) ,
Instagram ,
MasterCard ,
Misleading Statements ,
Offering Fraud ,
Securities Violations ,
Startups ,
Visa Inc