3 crypto-connection-claiming companies suspended by the SEC

Blockchain Cryptocurrency North America United States

Three companies – Cherubim Investments, Inc., PDX Partners, Inc., and Victura Construction Group, Inc. –  have been hit by a temporary suspension in trading by the U.S. Securities and Exchange Commission as the commission investigates their statements on cryptocurrency and blockchain related assets investments.

The SEC pointed to the press releases issued by the companies in which they claim acquisition of AAA-rated cryptocurrency and blockchain technology assets as one of the reasons for the suspension.

About the author

Maciek Klimowicz

Maciek Klimowicz

A seasoned writer and editor with 10 years of experience in a variety of print and online media. Recognizing the transformative potential of the blockchain technology, Maciek has now put his pen to work to explore the key issues of this fast-evolving sector. Contact him on [email protected].

Leave a Comment

Coinlaw Newsletter

Whether you are a law firm, founder gearing-up for a token offering, or a crypto currency trader, subscribe to the biggest crypto legal newsletter to be informed of the latest developments in each and every jurisdiction