Sec vs. trendon shavers
Web19 Sep 2014 · In a decision dated Thursday, U.S. Magistrate Judge Amos Mazzant said Trendon Shavers "knowingly and intentionally" operated his company "as a sham and a Ponzi scheme," misleading investors... Web21 Jul 2016 · The first federal securities fraud case involving a bitcoin investment scheme has ended with perpetrator Trendon Shavers receiving a sentence of 18 months in prison.
Sec vs. trendon shavers
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WebIn operating his BTCST Ponzi scheme, Trendon Shavers violated the following rules and regulations acknowledged by the Securities and Exchange Commission (SEC): Sections 5(a), 5(c), and 17(a) of the Securities Act, Section 10(b) of the Exchange Act and Rule10b-5 thereunder (Securities and Exchange Commission v. Trendon T. Shavers and Bitcoin ... Web3 Aug 2024 · The SEC claims that Shavers paid 507,148 Bitcoins in investor withdrawals and purported interest payments. But he also transferred at least 150,649 Bitcoins to his …
Web23 Jul 2013 · The US Securities and Exchange Commission (SEC) has charged a Texas man and his company for defrauding investors using a bitcoin Ponzi scheme. According to the SEC, Trendon T. Shavers, founder and ... WebShavers was the person on the tip of that pyramid and was promising that his “investors” would receive a 7% return on their investment in bitcoin. Between 20011 and 2012, Shavers cased in on 700,000 bitcoins in the amount of $4.5 million which would calculate to nearly $60 million today.
WebSECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. TRENDON T. SHAVERS AND BITCOIN SAVINGS AND TRUST Case 4:13-cv-00416-RC-ALM SEC files claim that Shavers … Web15 May 2015 · On September 18, 2014, in a separate civil action brought by the Securities and Exchange Commission (“SEC”), the United States District Court for the Eastern District …
Web6 Aug 2013 · Shavers also contends that his transactions were all Bitcoin transactions and that no money ever exchanged hands. The SEC argues that the BTCST investments are both investment contracts and notes, and, thus, are securities. The term "security" is defined as "any note, stock, treasury stock, security future, security-based swap, bond ...
Web24 Jul 2016 · Bloomberg. 0. The first ever criminal fraud case in the U.S involving cryptocurrency has been finally closed with the sentencing of Texan Trendon Shavers. A … motricity stockWeb14 Dec 2015 · The SEC charged Trendon Shavers and his firm, BTCST in July 2013 with securities fraud for operating a bitcoin-based Ponzi scheme. SEC claimed Shavers told … healthy mouth topical spray for dogsWeb批注本地保存成功，开通会员云端永久保存 去开通 healthy mouthwashWeb24 Jul 2013 · Trendon T Shavers, from KcKinney in Texas, was the founder and operator of "Bitcoin Savings and Trust" (BTCST), allegedly raised a total of 700,000 Bitcoins in 2011 and 2012 – then worth about ... motricity scaleWeb23 Jul 2013 · On Tuesday the Securities and Exchange Commission (SEC) charged Trendon Shavers, a.k.a. Pirate40 with operating a 700,000 Bitcoin Ponzi scheme. At today’s prices that would represent more... healthy mouth water additive for petsWeb23 Jul 2013 · The SEC alleges that Trendon T. Shavers, who is the founder and operator of Bitcoin Savings and Trust (BTCST), offered and sold Bitcoin-denominated investments … healthy mouth toothpasteWeb19 Sep 2014 · The SEC said Shavers used the online moniker "pirateat40" to raise more than 732,000 bitcoin from February 2011 to August 2012, promising investors up to 7 percent … healthy movement water infusions reviews