The SEC Charged Promoters of BitConnect.  On May 28th, 2021, the Securities and Exchange Commission (“SEC”) announced[2] its charge against five individuals with promoting a global unregistered digital asset security offering in 2017 and 2018. The five defendants, Trevon Brown, Craig Grant, Ryan Maasen, Michael Noble, and Joshua Jeppesen, belonged to a promoter network working…

On June 11th, 2021, the Securities and Exchange Commission (“SEC”) announce[1] the charge against Radjabli for orchestrating three individual fraudulent schemes.  The amount of money involved in each scheme increased as Radjabli went further. For example, in his third scheme, he took advantage of being a former practicing dentist and unlawfully raised approximately $20 million…

On June 7th, 2021, the Security and Exchange Committee (“SEC”) announced[1] a charge against Holly Hand, a former senior project manager at Neuralstem, a biopharmaceutical company currently known as Palisade Bio, Inc., and her intimate Chad A. Calice with violating the insider trading policy. Hand provides Calice with Neuralstem’s unpublic information, resulting in Calice avoiding…

On February 22nd, 2021, Lucid Motors announced[1] its proposed merger with Churchill Capital Corp IV (NYSE: CCIV), combing at a transaction equity value equals to $11.75 billion. Merger with CCIV would allow Lucid to raise capital like a public company, bolstering the development and marketing of Lucid’s first luxury electrical vehicle, Lucid Air. As Lucid…

On May 25th, 2021, Vimeo(VMEO)  went public on Nasdaq as an independent entity at a price of $52.08 per share after completing the spun-off from former parent company InterActiveCorp (IAC). Anjali Sud described this as “dreams[1]” that “do come true,” and she has every right to be proud of what Vimeo has accomplished. The revenue[2]…

Page 3 of 3 1 2 3