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Trio Accused Of Insider Trader After NY Company's Stock Surged Following Rebranding


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The Securities and Exchange Commission has charged three people with insider trading on allegations they bought shares of a New York company before its announcement it would pivot to a surprise name change and new business model.
Eric Watson, an undisclosed control person of Long Island-based Long Blockchain, drove the business change during the 2017 crypto craze and tipped off his friend and broker, Oliver Barret-Lindsay, according to the SEC s complaint, filed in the United States District Court for the Southern District of New York on Friday, July 9.
Long Blockchain, based in the Village of Farmingdale in Nassau County, had been an iced-tea company called the Long Island Ice Tea Corp. before it was rebranded to the blockchain-based business model amid the bitcoin frenzy. ....

New York , United States , Nassau County , Village Of Farmingdale , Gannon Giguiere , Eric Watson , Oliver Barret Lindsay , Exchange Commission , Long Island Ice Tea Corp , York Regional Office , United States District Court , Securities Exchange , Long Island Based Blockchain , Southern District , Long Island Ice Tea , Long Blockchain , Securities Exchange Act , Daily Voice , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ந்யாஸ்யாய கவுண்டி , கிராமம் ஆஃப் பார்மிங்டலே , எரிக் வாட்சன் , ஆலிவர் பாரெட் லிண்ட்சே , பரிமாற்றம் தரகு , நீண்டது தீவு பனி தேநீர் கார்ப் ,

Trio Accused Of Insider Trader After Rebranded Company's Stock Surged


Read / Add Comments
The Securities and Exchange Commission has charged three people with insider trading on allegations they bought shares of a New York company before its announcement it would pivot to a surprise name change and new business model.
Eric Watson, an undisclosed control person of Long Island-based Long Blockchain, drove the business change during the 2017 crypto craze and tipped off his friend and broker, Oliver Barret-Lindsay, according to the SEC s complaint, filed in the United States District Court for the Southern District of New York on Friday, July 9.
Long Blockchain, based in the Village of Farmingdale in Nassau County, had been an iced-tea company called the Long Island Ice Tea Corp. before it was rebranded to the blockchain-based business model amid the bitcoin frenzy. ....

New York , United States , Nassau County , Village Of Farmingdale , Gannon Giguiere , Eric Watson , Oliver Barret Lindsay , Exchange Commission , Long Island Ice Tea Corp , York Regional Office , United States District Court , Securities Exchange , Long Island Based Blockchain , Southern District , Long Island Ice Tea , Long Blockchain , Securities Exchange Act , Daily Voice , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ந்யாஸ்யாய கவுண்டி , கிராமம் ஆஃப் பார்மிங்டலே , எரிக் வாட்சன் , ஆலிவர் பாரெட் லிண்ட்சே , பரிமாற்றம் தரகு , நீண்டது தீவு பனி தேநீர் கார்ப் ,