SEC Files Settled Action Against Financial Technology Company, Its Founders for Alleged Fraudulent Disclosures
April 29, 2026
April 29, 2026
WASHINGTON, April 29 -- The Securities and Exchange Commission issued the following litigation release (No. 3:26-cv-02672; S.D. Cal. filed Apr. 27, 2026):
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Securities and Exchange Commission v. RYVYL, Inc., et al. No. 3:26-cv-02672 (S.D. Cal. filed Apr. 27, 2026)
On April 27, 2026, the Securities and Exchange Commission filed a settled action against RYVYL, Inc., and its two founders, former CEO, Fredi Nisan, and former chairman of the board Benzion Er . . .
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Securities and Exchange Commission v. RYVYL, Inc., et al. No. 3:26-cv-02672 (S.D. Cal. filed Apr. 27, 2026)
On April 27, 2026, the Securities and Exchange Commission filed a settled action against RYVYL, Inc., and its two founders, former CEO, Fredi Nisan, and former chairman of the board Benzion Er . . .