Daily Archives: May 16, 2024, 11:20 am

Tina Diamantopoulos Named Regional Director of Chicago Office

The Securities and Exchange Commission today announced that Tina Diamantopoulos has been named Director of the Chicago Regional Office, the Commission’s second-largest regional office. Ms. Diamantopoulos is a 30-year veteran of the SEC and has held leadership roles in both the Division of Enforcement and the Division of Examinations. Since April 2022, she has served as the Associate Director for…

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Early release of CPI and Real Earnings data on May 15, 2024 : U.S. Bureau of Labor Statistics

In advance of today’s CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL’s Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its procedures…

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Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme

According to court documents and local media reports, between 2021 and 2022, approximately 160 investors gave Pleterski and his company, AP Private Equity Limited, around $40 million in Canadian dollars ($30 million USD) to invest on their behalf in the crypto and foreign exchange markets. Some of those investors, according to reports, took out loans to invest with Pleterski. The…

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Two Brothers Arrested For Attacking The Ethereum Blockchain And Stealing $25 Million In Cryptocurrency | United States Department of Justice

U.S. Attorney Damian Williams said: “Today, my Office indicted two brothers—Anton Peraire-Bueno and James Peraire-Bueno—for conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering, all stemming from their alleged scheme to exploit the Ethereum blockchain and to obtain about $25 million worth of cryptocurrency from it.  As we allege, the defendants’ scheme calls the very integrity…

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Sweeping ‘Bitcoin Rights’ Bill Becomes Law in Oklahoma

Oklahoma Governor Kevin Stitt signed a sweeping ‘Bitcoin Rights’ bill into law on Monday, enshrining Oklahomans’ legal right to mine, transact with, and self-custody cryptocurrencies and boosting the state’s reputation for being a friendly destination for crypto companies and investors. The bill, HB3594, was introduced by Republican state Rep. Brian Hill and carried in the Senate by Republican state Sen.…

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SEC Obtains Final Judgments Against Florida Microcap CEO and Consultant for Fraud

On May 13, 2024, the U.S. District Court for the Eastern District of New York entered final consent judgments against Erik (“Rik”) Deitsch, the former CEO of microcap issuer Nutra Pharma Corporation (“Nutra Pharma”), and Sean McManus, a consultant for Nutra Pharma, enjoining them from violating certain provisions of the federal securities laws, ordering disgorgement and civil monetary penalties, imposing…

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