SEC Charges Foreign Crypto Company ‘1pool Ltd.’ with Violating Securities Laws
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SEC Charges Foreign Crypto Company ‘1pool Ltd.’ with Violating Securities Laws
The United States SEC has filed charges against 1pool Ltd., an international securities dealer that was offering Bitcoin-funded security-based swaps. The announcement came in an official statement by the Commission published on September 27th.
Officially based in the Marshall Islands, 1pool Ltd. is the legal entity associated with 1broker.com and Patrick Brunner, the company’s CEO. The SEC’s charge accuses Brunner and his company’s offerings of Bitcoin-funded securities of being in violation of federal securities laws.
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SEC charges Bitcoin-funded securities dealer and CEO https://t.co/u71IIH4lTv
— SEC Enforcement (@SEC_Enforcement) ... (read more)
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