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SEC charges decentralized cloud computing company Crowd Machine

The US Securities and Exchange Commission has fined Crowd Machine CEO Craig Sproule for allegedly making false and misleading statements about a decentralized AWS competitor.

SEC Charges ICO Issuer and Founder with Defrauding Investors

Aussie crypto fraud diverted ICO funds to African gold miners

Australian cryptocurrency entrepreneur Craig Sproule has been charged by the US corporate watchdog for defrauding investors.

SEC Says Crytpo Startup Used ICO Proceeds For Gold Mining

The U.S. Securities and Exchange Commission on Thursday accused cryptocurrency startup Crowd Machine Inc. and its Australian founder of defrauding investors by putting proceeds from an initial coin offering toward gold mining in South Africa rather than developing a new technology as was promised.

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