SEC v. Grybniak et al

The SEC sues Grybniak and his companies, Opporty International Inc. and Clever Solution Inc., for conducting a fraudulent and unregistered ICO, which raised approximately $600,000 from nearly 200 investors. The SEC alleged that Grybniak made numerous false and misleading statements to potential investors, including exaggerated number of users on the platform,, falsely claiming the ICO was “SEC regulated,” and asserting partnerships with major companies that did not exist.

The SEC charged Gryniak and his companies with violation of federal securities laws, including the unregistered sale of OPP tokens and fraud.

1:20-cv-00327