Bitcoin in Crosshairs as SEC and DOJ Drop Hammer on Crypto Firm Longfin

Lai Tran June 5, 2019 0 Comments

By CCN.com: The “crypto” startup Longfin Corp. got spanked by both the SEC and the DOJ for fraud amid a broader regulatory crackdown on bitcoin and the digital currency industry. Specifically, Longfin’s CEO, Venkata Meenavalli, is accused of inflating the company’s revenue by $66 million in order to fraudulently secure a listing on the Nasdaq […]