Legal

SEC Charges Digital World SPAC For Misrepresentation To Investors

The Securities and Exchange Commission announced settled fraud charges against Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC), for making material misrepresentations in forms filed with the SEC as part of DWAC’s initial public offering and proposed…

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JenThorpe
Legal

Coinbase Warned By SEC Of Potential Securities Charges

The Securities and Exchange Commission issued crypto exchange Coinbase a Wells notice, warning the company that it identified potential violations of U.S. securities law, CNBC reported. According to CNBC, Coinbase shares fell nearly 12% in extended trading after the news…

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JenThorpe