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TheBlock 2020-01-03 19:47:45

Longfin CEO agrees to settle SEC fraud action for $400,000

Cryptocurrency firm Longfin Corp. CEO has agreed to settle with the Securities and Exchange Commission (SEC) over the charges of fraudulent public offering and falsifying revenues. Per an SEC statement dated Jan. 3, Venkata Meenavalii has agreed to pay $400,000 in disgorgement and penalties, although the settlement still awaits court approval. If approved, Meenavalii will […]The post Longfin CEO agrees to settle SEC fraud action for $400,000 appeared first on The Block.

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