The U.S. Securities and Exchange Commission has halted more than $27 million in stock sales of cryptocurrency traded by Longfin Corp.
According to an April 4 complaint unsealed Friday in the U.S. District Court for the Southern District of New York, the SEC has obtained a court order charging the company, its chief executive Venkat Meenavalli and three other individuals with “illegal distributions and sales of restricted shares of Longfin Corp.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Not a Bloomberg Law Subscriber?
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]