Sources
Law360
The SEC sued a former blockchain cybersecurity and supply chain management company and its founder, alleging they deceived investors and fraudulently raised more than $5 million. https://t.co/aVm1E9Z8OB
Mike DOJ: “Defendant Allegedly Raised Over $40 Million While Misrepresenting Financial and Sales Information” If this is the indictment bar, I’d expect a claim on [redacted AI fraud] assuming it hasn’t happen already. Getting up to 30% on the first $100M forfeited is 🤏 tempting https://t.co/p804Zw9ZRg https://t.co/nlRc0inVQV
San Francisco Chronicle The former CEO of a San Francisco software company was charged with fraud for allegedly raising millions of dollars from investors while misrepresenting his company’s revenue, according to the U.S Attorney’s Office. https://t.co/ofZaHNKh19
