Devlinn Su News Today

The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. (FTX), for their roles in a multiyear scheme to defraud equity investors in FTX, the crypto trading platform co-founded by Samuel Bankman-Fried and Wang. Investigations into other securities law violations and into other entities and persons relating to the alleged misconduct are ongoing.

Litigation Release No. 25026 / February 9, 2021 Securities and Exchange Commission v. Isaiah L. Goodman, No. 21-cv-00365 (D. Minn. filed February 8, 2021) The Securities and Exchange Commission charged former Minneapolis-area investment adviser Isaiah L. Goodman for allegedly defrauding his advisory clients out of approximately $2.25 million. According to the SECs complaint, from at least September 2018 to November 2020, Goodman, doing business through Becoming Financial Advisory Services, LLC,...