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SEC Charges Former Linqto Executive in $430M Fraud Case

SEC Charges Former Linqto Executive in $430M Fraud Case

Photo: Coincu

The U.S. Securities and Exchange Commission has filed charges against a former executive of Linqto, a private-market investment platform, alleging the individual orchestrated a fraud scheme totaling $430 million that targeted retail investors. The SEC’s charge centers on an alleged $430 million fraud attributed to a former Linqto executive, per SEC enforcement records . As with all SEC enforcement actions at the charging stage, the allegations have not been adjudicated and the accused is presumed innocent unless and until a court finds otherwise. For related coverage, see Bitcoin Fog Case Cited in Roman Storm Tornado Cash Trial .

Source: Coincu

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