The U.S. Securities and Exchange Commission (SEC) has charged Craig Sproule of Australia – along with two crypto companies he founded, Crowd Machine Inc. and Metavine Inc. – with defrauding investors.

In its first enforcement action of the year involving ICOs, the U.S. Securities and Exchange Commission (SEC) charged two companies and their founder for violations of antifraud and registration ...

The Securities and Exchange Commission (SEC) has revealed an order demanding Crowd Machine, Metavine, and founder Craig Sproule to disgorge $19,676,401.27 raised in an “unregistered and fraudulent ...

ICO tokens from Crowd Computer were sold to Americans as “investment contracts,” according to the SEC’s complaint, which classifies them as securities. The United States Securities and Exchange ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...