SEC Tests ‘New Policy’ Against Crypto Executive Behind $198M Fraud
“This case is a step in the right direction and underscores that just because a cryptocurrency is involved, the [U.S. Securities and Exchange Commission] is not going to shy away from protecting investors,” said Daren H. Firestone, a former federal prosecutor who is now a partner at Levy Firestone Muse, where he represents whistleblowers in the cryptocurrency industry.