Description
The SEC sues CoinDeal for allegedly promoting an investment fraud scheme, claiming the defendants consciously or recklessly disregarded numerous red flags about CoinDeal's legitimacy.
Legal Significance
This case demonstrates potential liability for third-party promoters to a fraudulent securities offering.
Status
Settled
Case No.
1:23-cv-14255
Date Filed
September 28, 2023
Plaintiff
SEC
Defendant
Arline E. WoodburyJoyce L. Holverson
Court
USDC Northern District of Illinois Eastern Division
Plaintiff Counsel
Christy WhiteCaryn TrombinoDante Antonio RoldanMichael D. Foster
Defendant Counsel
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