Sparkster, CEO To Pay Back ‘Harmed Investors’ $35 Million In Settlement With SEC

Sparkster, CEO To Pay Back ‘Harmed Investors’ $35 Million In Settlement With SEC


Bitcoinist
2022-09-20 09:22:14

Sparkster and its chief executive Sajjad Daya have reached a settlement with the U.S. Securities and Exchange Commission over complaints emanating from the company’s unregistered initial coin offering in 2018, a Monday press statement from the SEC. The SEC’s order finds that the Cayman Islands-headquartered software company and its CEO violated certain key provisions of the Securities Act […]