Cayman Islands Crypto Documents Fraud Investment Regulatory Securities and Exchange Commission (SEC) Unlicensed/Unregistered USAJanuary 15, 2021

Wireline, Inc.: $650K Fine

Administrative Order by the U. S. Securities and Exchange Commission imposing a fine of $650,000 on Wireline, Inc., described as a Delaware-domiciled “early-stage project focused on the development of a decentralized, blockchain based platform”, for an unregistered securities offering and alleged fraud involving, inter alia, Wireline Developer Fund Ltd., a.k.a. Wireline Development Fund, of the Cayman Islands. Editor’s Note: Research by OffshoreAlert showed that, in the Cayman Islands General Registry, the directors of Wireline Developer Fund Ltd. are identified as Lucas Geiger and Rich Burdon.


    • 8
    January 15, 2021
    Wireline, Inc.
    U. S. Securities and Exchange Commission
    Xx Xx Xx
    Crypto, Investment, Regulatory
    Fraud, Unlicensed/Unregistered

    Topics

    Cayman Islands Crypto Fraud Investment Regulatory
    USA Unlicensed/Unregistered
    [ 2 more... ] [ top 5 ]

    Keywords

    Lucas Geiger Rich Burdon U. S. Securities and Exchange Commission Wireline Developer Fund Ltd. Wireline Development Fund
    Wireline, Inc.
    [ 1 more... ] [ top 5 ]