Litigation: SEC Charges Nader Al-Naji With Fraud, Unregistered Offering of Crypto Asset Securities
July 31, 2024
July 31, 2024
WASHINGTON, July 31 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-05738; S.D.N.Y. filed July 30, 2024) involving Nader Al-Naji:
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The Securities and Exchange Commission today charged Nader Al-Naji with perpetrating a multi-million-dollar fraudulent crypto asset scheme involving a social media platform called BitClout and its native token of the same name (herein, "BTCLT").
According to the SEC&# . . .
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The Securities and Exchange Commission today charged Nader Al-Naji with perpetrating a multi-million-dollar fraudulent crypto asset scheme involving a social media platform called BitClout and its native token of the same name (herein, "BTCLT").
According to the SEC&# . . .