David Burt

SHOWING:

1 to 2 of 2 results
  

Sort By:

Search

Filter By:

Topics

Jurisdictions

Allegations

SEC sues Uulala for ‘$9 million crypto fraud’

A group called Uulala, which was the first applicant to be approved to conduct an Initial Coin Offering in crypto-friendly Bermuda, has been accused of perpetrating a $9 million digital tokens fraud in a complaint filed at federal court in California by the SEC - two-and-a-half years after the scheme was exposed by OffshoreAlert.