Blockchain Bandwagon Company Longfin CEO Settles with US SEC for $400,000

Venkata S. Meenavalli, an Indian ex-CEO of a once Nasdaq-listed American fintech firm Longfin, has settled with the US Security and Exchange Commission (SEC) for conducting a $27 million accounting fraud scheme to inflate the revenue of the now-defunct cryptocurrency company in order to get it listed on the Nasdaq. The company’s share price jumped […]

Source : https://www.the-blockchain.com/2020/01/07/blockchain-bandwagon-company-longfin-ceo-settles-with-us-sec-for-400000/

Date : January 7, 2020 at 06:07PM

Tag(s) : #BLOCKCHAIN ENG