SEC Charges New York Blockchain Engineer With Perpetrating 'Rug Pull' Fraud
January 17, 2025
January 17, 2025
WASHINGTON, Jan. 17 -- The Securities and Exchange Commission issued the following litigation release (No. 3:25-cv-00054; M.D.L.A. filed Jan. 16, 2025) involving Eric Zhu:
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The Securities and Exchange Commission today charged New York blockchain engineer Eric Zhu with perpetrating a fraudulent scheme to defraud investors in the "Game Coin" token ("GME"), a crypto asset that was offered and sold as a security by Game Coin, LLC and its founders. A . . .
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The Securities and Exchange Commission today charged New York blockchain engineer Eric Zhu with perpetrating a fraudulent scheme to defraud investors in the "Game Coin" token ("GME"), a crypto asset that was offered and sold as a security by Game Coin, LLC and its founders. A . . .