Tagged: carolyn welshhans

Stoner Cats NFT Offering Deemed Unregistered Securities Offering by SEC, Company Settles Paying $1 Million Penalty

Stoner Cats 2 LLC has been charged by the Securities and Exchange Commission (SEC) for pursuing an unregistered securities offering with the issuance of non-fungible tokens (NFTs). This is the second enforcement action targeting an NFT issuer as it broadens its targets in the digital… Read More

Payments for Order Flow Firm Virtu Target of SEC Enforcement Action

Virtu, one of the most active firms in the payment for order flow sector, has been hit with an enforcement by the Securities and Exchange Commission (SEC). According to the SEC’s allegations, Virtu allowed access to material, nonpublic information (MNPI) which could have been used… Read More

Sparkster’s SPRK Token Offering is Target of SEC Enforcement Action, Must Pay $35 Million Penalty, Involved Ian Balina

The Securities and Exchange Commission (SEC) says it has issued a Cease & Desist against Sparkster Ltd., and its CEO Sajjad Daya for offering unregistered digital asset securities. According to the SEC’s complaint, the SPRK token offering took place from April 2018 through July 2018,… Read More

SEC Says Forsage Was Crypto Ponzi Scam, Charges 11 Individuals

The Securities and Exchange Commission (SEC) has filed charges against Forsage and eleven individuals alleging a cryptocurrency ponzi scam that is said to have pilfered over $300 million from retail investors. According to the SEC’s complaint, in 2020, Vladimir Okhotnikov, Jane Doe aka – Lola… Read More

SEC’s Associate Director of Enforcement Appearing at NYU Women in Cybersecurity Event

Carolyn Welshhans, the SEC’s Associate Director of Enforcement, will be speaking on a panel at New York University’s (NYU’s) Women Leaders in Cybersecurity event December 5th. According to a tweet from the SEC, Welshhans will be discussing the SEC Enforcement Division’s, “approach to cybersecurity issues,… Read More

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