Complaint alleging a “fraudulent and unregistered” cryptocurrency offering that “raised more than $33 million from hundreds of investors” and involved entities in Australia, Cayman Islands, South Africa, and United States in U. S. Securities and Exchange Commission v. Crowd Machine Inc., of Delaware; Metavine Inc., of Delaware, and Craig Derel Sproule, a citizen of Australia, as Defendants, and Metavine Pty. Ltd., of Australia, as Relief Defendant, at the U. S. District Court for the Northern District of California.
Australia Cayman Islands Civil Complaint Crypto Fraud Investment Litigation Regulatory South Africa United States District Court for the Northern District of California Unlicensed Activity USAJanuary 6, 2022
SEC v. Crowd Machine Inc. et al: Complaint
SEC accuses Crowd Machine of ‘$33M crypto fraud’ involving entities in Australia, Cayman, South Africa & US
January 7, 2022