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#SEC enforcement

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SEC Charges Meyer Global With SpaceX Pre-IPO Fraud as Private-Market Bets Move On-Chain
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SEC Charges Meyer Global With SpaceX Pre-IPO Fraud as Private-Market Bets Move On-Chain

Key Highlights: The SEC charged Meyer Global Management and CEO Owen Meyer over alleged fraud involving private funds holding SpaceX and other pre-IPO investments. The regulator alleges that investor money was used for personal expenses, account values were inflated and a SpaceX-related fund lost nearly $3 million after a missed capital call. The case comes ...

Retirees Sue Fund Linked to Public Dogecoin Miner Z Squared
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Retirees Sue Fund Linked to Public Dogecoin Miner Z Squared

Z Squared, a publicly traded company that acquired Dogecoin mining rigs from a fund advertising 28% annual returns, is contending with SEC enforcement actions, a seven-figure lawsuit from retirees, and a stock price that has fallen 76% over the past year. Retirees Sue Broad Street Global Management Retirees Paula and Stephen Darby, both 77 years ...