The U.S. Securities and Exchange Commission has filed suit against a California company and its three founders, alleging that they conducted a fraudulent initial coin offering (ICO). The regulator ...

The U.S. Securities and Exchange Commission (SEC) has charged the founders of crypto automation developer Dropil with defrauding investors in their unregistered $1.8 million initial coin offering (ICO ...

The long march of crypto enforcement actions continued today when the Securities and Exchange Commission (SEC) revealed charges against Dropil and founders Jeremy McAlpine, Zachary Matar, and Patrick ...

Two men from Orange County in California were sentenced to prison on Monday for operating a cryptocurrency scam that swindled more than 2,000 investors out of a collective $1.9 million, according to ...

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The SEC alleged in a Friday announcement that Jeremy McAlpine, Zachary Matar and Patrick O'Hara, all California residents, lied about Dropil’s financial status and DROP token profitability to their ...