2018-6-20 20:53 |
The U.S. Securities and Exchange Commission (SEC) is once again taking action against a co-founder of the PlexCoin cryptocurrency project, having previously sued him over securities violations and fraud in 2017.
Last December, Lacroix, the project’s other co-founder Sabrina Paradis-Royer and their firm PlexCorp, were sued for securities fraud and had their assets frozen in a similar emergency order.
Now, the SEC has obtained another court order following new evidence of illegal action on the part of Lacroix.
As previously reported by CoinDesk, PlexCorp was believed to have raised $15 million from thousands of investors through the ICO, of which the SEC said $810,000 was deposited with payment processor Stripe.
In today’s release, the SEC said it is also seeking an officer-and-director bar for Lacroix and a bar from offering digital securities against both Lacroix and Paradis-Royer.
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