Tagged: david hirsch

Division of Enforcement, Crypto Assets And Cyber Unit Chief Departs SEC

The head of the Crypto Assets and Cyber Unit within the SEC’s Division of Enforcement has exited the agency. David Hirsch posted on LinkedIn earlier today (June 17, 2024) that last Friday was his last day at the SEC after 9 years at the securities… Read More

SafeMoon, Founder Kyle Nagy and Executives Hit with SEC Enforcement Action, Criminal Charges Regarding Crypto Offering

The Securities and Exchange Commission has charged SafeMoon LLC, founder Kyle Nagy, SafeMoon US LLC, its CEO John Karony, and CTO Thomas Smith, for fraud through the unregistered sale of a crypto asset security. Simultaneously, criminal charges were filed in the US Attorney’s Office for… Read More

Crypto Fraud – SEC Charges Former New Jersey State Correctional Police Officer

The Securities and Exchange Commission (SEC) has charged former New Jersey State Correctional Police Officer John A. DeSalvo with fraud in relation to the offering of the “Blazer Token,” which the SEC believes is a “crypto asset security.” At the same time, the US Attorney’s… Read More

SEC Takes Administrative Action Against Wyoming based American CryptoFed DAO

The Securities and Exchange Commission (SEC) has commenced administrative proceedings against American CryptoFed DAO LLC. The company is based in Wyoming and was established under the state’s DAO law in July 2021. The Order, available here, outlines the interaction between American CryptoFed and the SEC…. Read More

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