Australian Soccer Club Calls Off Purchase Deal With Controversial Crypto Company

The owner of a top-tier Australian football club has walked away from buyout negotiations with a controversial cryptocurrency company. Owner Tony Sage confirmed Monday a deal to sell 80 percent of the equity in Perth Glory FC to the London Football Exchange (LFE) had been scrapped, according to Australian news source The New Daily. LFE […]

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Longfin CEO Reaches $400,000 Settlement With SEC Over Fraud Charges

The U.S. Securities and Exchange Commission (SEC) has reached a settlement with fintech firm Longfin’s CEO, Venkata S. Meenavalli, on charges of fraud. According to an SEC press release Friday, Meenavalli has agreed to pay $400,000 in both disgorgement and penalties related to a 2017 Regulation A+ offering the SEC deemed fraudulent. Longfin delisted from […]

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