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CFTC Orders Florida Man And His Company To Pay Over $397,000 In Connection With A Digital Assets Solicitation Scheme


CFTC Orders Florida Man And His Company To Pay Over $397,000 In Connection With A Digital Assets Solicitation Scheme
Date
20/04/2021
The Commodity Futures Trading Commission announced today that it has issued an order filing and settling charges against Jozef Gherman of Florida and J Squared LLC, a Florida limited liability company, for making misleading statements or omitting material facts in connection with soliciting more than $300,000 from over 40 individuals to invest in digital assets. Gherman was an employee and one of the founders of J Squared and was its principal owner and CEO.
The order requires Gherman and J Squared to pay a $150,000 civil monetary penalty, with the amount to be paid by each capped at $75,000, and any post-judgment interest. The order also requires Gherman and J Squared to pay $247,110 in restitution, with the amount to be paid by each capped at $123,555, and any post-judgment interest. In addition, the order imposes a 10-ye ....

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CFTC Settles Charges Pertaining to Misleading Statements in Digital Asset Offering


CFTC Settles Charges Pertaining to Misleading Statements in Digital Asset Offering
The
Jozef Gherman of Florida and
J Squared LLC for making misleading statements or omitting material facts in connection with soliciting more than $300,000 from more than 40 individuals to invest in digital assets. According to a statement by the CFTC, Gherman was an employee and one of the founders of J Squared and was its principal owner and CEO.
The order requires Gherman and J Squared to pay a $150,000 civil monetary penalty, with the amount to be paid by each capped at $75,000, and any post-judgment interest.
The order also requires Gherman and J Squared to pay $247,110 in restitution, with the amount to be paid by each capped at $123,555, and any post-judgment interest. The order also imposes a 10-year ban on Gherman and J Squared from trading on or subject to the rules of any CFTC-registered entity, and from engaging in any activities requiring registration with the CFTC ....

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j squared - All news and posts by Crowdfund Insider


Pakt Bags, Inc. Launches Investment Campaign to Expand Line of Exceptional Travel Products, raising up to $1.07M
Brooklyn, NY, April. 14, 2021 Pakt, Inc., a company that createsgear built for the modern traveler, .
SKILLICORN Technologies announces the launch of their Los Fresnos Project Regulation CF Offering on the InfraShares crowdfunding platform.
This Regulation CF offering isseeking front-end financing for theLos Fresnos Project. For a minimum .
NanoVMs Launches Investment Round On StartEngine
NanoVMs, the unikernel infrastructurecompany that runs software faster andsafer than Linux has launched aninvesting campaign with StartEngine.The startup has already raised over .
Wallet Factory and Belize Bank to build a mobile payment platform and digital wallet in Belize ....

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