Martin Zerwitz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>The Securities and Exchange Commission today charged Binance Holdings Ltd. (&ldquo;Binance&rdquo;), which operates the largest crypto asset trading platform in the world, Binance.com; U.S.-based affiliate, BAM Trading Services Inc. (&ldquo;BAM Trading&rdquo;), which, together with Binance, operates the crypto asset trading platform, Binance.US; and their founder, Changpeng Zhao, with a variety of securities law violations.</span></p>

<p><span>The Securities and Exchange Commission today charged Allen C. Giltman, a former registered investment professional, with allegedly participating in a long-running fraudulent scheme to lure investors into buying fictitious certificates of deposit (CDs). The scheme resulted in victims, primarily older adults investing their retirement savings, losing at least $40 million.</span></p>

<p><span>The Securities and Exchange Commission yesterday announced charges against Mark Melnick, the host of a stock trading webcast, for spreading more than 100 false rumors about public companies in order to generate illicit profits. The SEC&nbsp;</span><a href="https://www.sec.gov/litigation/litreleases/2020/lr24989.htm">previously charged Barton Ross</a><span>&nbsp;for his role in this scheme.</span></p>

Litigation Release No. 24989 / December 18, 2020 Securities and Exchange Commission v. Barton S. Ross, Civil Action No. 20 Civ. 5140 (N.D. Ga., filed December 18, 2020) The Securities and Exchange Commission today announced charges against Barton S. Ross for his role in a market manipulation scheme in which he and several other individuals created false rumors about public companies in order to profitably trade around the temporary price increases caused by the publication of the rumors. According to the complaint, filed on December 18, 2020, Ross and several other individuals created false r...