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OffshoreAlert Daily Digest - January 18, 2024

OffshoreAlert Daily Digest - January 18, 2024
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SEC Sues Real Estate Investment Firm for $630 Million Fraud

What neither NRIA nor the Fund bothered to tell investors was as noted at the outset: the monies were in fact used to pay enough distributions to keep investors interested, much as in Charles Ponzi’s scheme

SEC Cryptocurrency Enforcement Activity in the New Administration s First Year

In the first months of 2021, the number of cryptocurrency-related enforcement actions slightly trailed those in early 2020. Gary Gensler was sworn in as the chair of the SEC. Chair Gensler included crypto assets as one of the main areas to which he will direct SEC resources.

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