Following appearances in 2021 and February, 2023, SEC whistleblower attorneys Scott Silver and David Chase were again invited back to the ‘Cut To The Chase’ legal podcast. The podcast is hosted by Miami attorney and entrepreneur Gregg Goldfarb, who discusses legal and public interest news with authorities in their field.
Since the beginnings of Bitcoin in 2009 as form of currency, cryptocurrency has been a mysterious investment to all except those who truly understand how it all works. But many investors, interested in “getting in on the ground floor,” have found themselves losing their crypto investments. Continue reading ›
Former FTX owner and CEO Sam Bankman-Fried has been indicted with eight counts of fraud by the Justice Department following the rapid collapse of the cryptocurrency platform. In the petition, he is referred to by his frequently known moniker, “SBF.” The documents were unsealed on Tuesday, December 13, 2022, in US District Court in the Southern District of New York. Continue reading ›
The former CEO of the FTX cryptocurrency exchange has been arrested in connection with the company’s bankruptcy and collapse. Sam Bankman-Fried (SBF) was arrested in The Bahamas on Monday, December 12, 2022, at the request of US authorities and denied bail. His entire operation is detailed in the petition by the US Securites & Exchange Commission filed the day after his arrest in the US District Court in the Southern District of New York. The SEC is demanding a jury trial. Continue reading ›
If someone was attempting to steal your smartphone number, would your carrier help? One T-Mobile customer discovered that the carrier didn’t seem to care.
Now T-Mobile is being sued in an Alabama federal court by a customer who lost his number when the company simply handed over his phone number to a hacker claiming to be him. Once the hacker had the number, they easily accessed the plaintiff’s email and bank accounts and transferring funds out. Continue reading ›
Johan Pereira (Johan Manuel Pereira CRD#: 6252881) is a former registered broker and investment advisor whose last known employment was with Wells Fargo Clearing Services, LLC (CRD#:19616) of Beverly, MA. His previous employers are Santander Securities LLC (CRD#:41791) of North Andover, MA, Citizens Securities, Inc. (CRD#:39550) of Wilmington, MA, and Pruco Securities, LLC. (CRD#:5685) of Wakefield, MA. He has been in the industry since 2013. Continue reading ›
The Massachusetts Securities Division recently levied $1 million in fines against U.S. Data Mining Group (DMG) for allegedly conducting unregistered securities offerings. The Division, in its complaint, alleged that the bitcoin mining company failed to register its stock while fundraising. DMG also failed to notify investors that two of the company’s promoters had previously violated US federal securities laws during their Series A fundraising, which raised nearly $25 million in March of 2021. Continue reading ›