The US Court ordered the cryptocurrency company Longfin to pay $6,755,848 in fines to the US SEC for issuing fraudulent public offerings. Yesterday SEC announced that a New York Federal court ruled against the fintech company for falsifying revenue from sham commodities transactions. According to the court and SEC Longfin and its CEO, Venkata S. Meenavalli falsely obtained […]The post Cryptocurrency company fined $6.8 million for issuing a fraudulent public offering appeared first on Coinnounce.
