SEC Charges BitClout Founder with Fraud
The Securities and Exchange Commission (SEC) has filed charges against the founder of BitClout, alleging securities fraud. Nader Al-Naji (aka Diamondhands) is said to have raised over $257 million in a scheme for the sale of unregistered securities – the token BTCLT. Simultaneously, criminal charges… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged bitclout, enforcement, fraud, sec