Longfin CEO Charged by Prosecutors for Propping up Books

Longfin CEO Charged by Prosecutors for Propping up Books
ôîòî ïîêàçàíî ñ : btcmanager.com

2019-6-6 17:00

Longfin, a FinTech company specializing in structured trade solutions, was previously charged by the SEC for securities fraud and froze $27 million worth of assets. In a press release, the SEC revealed they are now charging ex-CEO, Venkata Meenavalli, with cooking the books and faking 90 percent of the company’s revenue, June 5, 2019.

SECRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Safe Trade Coin (XSTC) íà Currencies.ru

$ 9.68E-5 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $9.68E-5 - H: $9.68E-5
Êàïèòàëèçàöèÿ $31.642k Rank 99999
Öåíà â ÷àñ íîâîñòè $ 7.98E-5 (21.3%)

books sec longfin company charged 2019 secread

Èñòî÷íèê: btcmanager.com

books sec → Ðåçóëüòàòîâ: 6


Chief Accountant At SEC Talks Crypto Holdings And “Fundamental Responsibility” To Report Activities

There are many companies that have digital assets filling up their account books to make some extra space. However, in a recent reminder from the US Securities and Exchange Commission, these types of holdings do not make them exempt from the “fundamental responsibility” of reporting their financial activities to the proper entities. Wesley Bricker, who […]

2018-9-21 10:46


Ôîòî:

Holding Digital Assets Doesn’t Modify a Company’s Financial Report: SEC Chief Accountant

Holding digital assets could create extra space in a company’s account books, but it does not change the “fundamental responsibility” of a company to report its financial activities. Chief accountant for the US Securities and Exchange Commission (SEC) Wesley Bricker reminded firms of their financial responsibilities, clearing the air about digital asset reporting.

2018-9-21 18:49


Ïàðòíåðû Currencies.ru

Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Coinbase Scores Knockout! Court Says Crypto Sales Aren’t Securities

A recent court decision in the United States has offered a mixed verdict for cryptocurrency regulation, with implications for both crypto exchanges like Coinbase and investors nationwide. The US Court of Appeals for the Second Circuit ruled that secondary sales of cryptocurrencies on Coinbase do not fall under the purview of the Securities Exchange Act […]

Binance.US Faces SEC Probe Over Customer Asset Handling, Cuts Two-Thirds Of Staff

In the unfolding narrative of the protracted conflict between the US Securities and Exchange Commission (SEC) and Binance.US, regulatory scrutiny has reached a heightened intensity. Concerns raised by the SEC regarding the cryptocurrency exchange’s compliance with information requests have cast a looming shadow over Binance Holdings and its American counterpart, BAM Trading Services, which operates […]