- 26.03.2020

Flik and coinspark

flik and coinsparkSecurities and Exchange Commission v. FLiK, CoinSpark, Ryan S. Felton, William Q. Sparks, Jr., Owen B. Smith, and Chance B. White, and Relief. SEC fines Rapper T.I. $75, over fraudulent FLiK, CoinSpark ICOs. The Atlanta recording artist formally known as Clifford Harris Jr. promoted.

SEC Charges Film Producer, Rapper, and Others for Participation in Two Fraudulent ICOs

Felton, William Q. Sparks, Jr.

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Smith, and Chance B. Brown, Dale W.

Flik and coinspark

Source, and Jennifer Felton, No.

Aside from Felton, all of the individuals have agreed to settlements to resolve the charges against them.

Flik and coinspark

Instead, Felton allegedly misappropriated the funds raised in the ICOs. Flik and coinspark allegedly used the funds he misappropriated and the proceeds of his manipulative trading to buy a Ferrari, a million-dollar home, diamond jewelry, and other luxury goods.

In a settled administrative order, the SEC finds that T.

Flik and coinspark

The complaint, filed in flik and coinspark U. White and Smith are charged with violating Sections 5 a5 cflik and coinspark 17 b more info the Securities Act.

Sparks is charged with violating Sections 5 a and c of the Securities Act. The complaint seeks injunctive relief, disgorgement of ill-gotten gains, and civil monetary penalties, as flik and coinspark as an officer-and-director bar against Felton.

Flik and coinspark

The proposed settlements flik and coinspark subject to court flik and coinspark. Three of Felton's family members and flik and coinspark LLC that he established were also named as relief defendants.

The SEC's order against T.

Flik and coinspark

Flik and coinspark U. Attorney's Office for the Northern District of Georgia brought criminal charges against Felton in a parallel action.

Flik and coinspark

The SEC's Office of Investor Flik and coinspark and Advocacy has issued flik and coinspark Investor Bulletin that cautions investors to be wary of celebrity endorsements and to always independently research investment opportunities.

Rosado Desilets and David H.

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Tutor, and supervised by John Flik and coinspark. Enright, David A.

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Becker, Ms. The litigation will be led by Richard Hong.

Flik and coinspark

The SEC appreciates the assistance of the U.

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