Litigation: Court Enters Final Judgment Against Operator of Websites That Fraudulently Offered Securities Involving Crypto Assets
April 03, 2024
April 03, 2024
WASHINGTON, April 3 -- The Securities and Exchange Commission issued the following litigation release (No. 1:23-cv-11050-MJJ; D. Mass. filed May 11, 2023) involving GA Investors:
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On April 1, 2024, the U.S. District Court for the District of Massachusetts entered a final judgment against GA Investors, the operator of dozens of fraudulent websites, including GA-Investors.org. Among other things, the judgment orders the defendant to pay over $1.1 million.
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On April 1, 2024, the U.S. District Court for the District of Massachusetts entered a final judgment against GA Investors, the operator of dozens of fraudulent websites, including GA-Investors.org. Among other things, the judgment orders the defendant to pay over $1.1 million.