Wednesday - October 23, 2024
Litigation: SEC Charges Promoter in Crackdown on Manipulation of Crypto Assets Offered, Sold as Securities
October 16, 2024
WASHINGTON, Oct. 16 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-12588-AK; D. Mass. filed Oct. 9, 2024) involving Vy Pham:

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The Securities and Exchange Commission announced fraud charges against Vy Pham, a resident of California, for engaging in schemes to manipulate the markets for two crypto assets, "Saitama Inu" and "Robo Inu," being offered and sold as securities to retail investors. As alleg . . .

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