Amir Bruno Elmaani (Release No. LR-24980; Dec. 9, 2020)
Litigation Release No. 24980 / December 9, 2020 Securities and Exchange Commission v. Amir Bruno Elmaani, Civil Action No. 1:20-cv-10376 (S.D.N.Y. filed December 9, 2020). The Securities and Exchange Commission today charged Amir Bruno Elmaani, who goes by the online alias Bruno Block, for conducting an illegal securities offering of digital tokens and for his scheme to profit by minting millions of unauthorized tokens for himself at no cost and selling them into the secondary market, thereby causing the value of others' tokens to plummet. As alleged in the SEC's complaint, in the fall of 201...