Flik a coinspark
Three associates of Clifford Joseph Harris Jr., a rapper also known as T.I. who was responsible for helping launch the FLiK token, have agreed to pay more than $100,000 after a U.S. district court approving a settlement. According to records filed Nov. 17 in the U.S. District Court for the Northern District of Georgia, Chance White, Owen Smith, and William Sparks Jr. will pay $102,992 in a settlement covering penalties, fees, and disgorgements for their role in selling tokens in initial coin
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08.12.2020
The SEC alleges that Felton instead transferred FLiK tokens to his own account and sold them in exchange for over $2 million, which he used to "buy a Ferrari, a million-dollar home, diamond jewelry, and other Day One. Barry Allen took a deep breath as he arrived at the designated 'starting line' that Cisco had laid out for him: an old billboard advertising for Keystone City, sitting in the middle of an abandoned lot by the waterfront. The Securities and Exchange Commission has charged five Atlanta-based individuals, including film producer Ryan Felton, rapper and actor Clifford Harris, Jr., known as T.I. or Tip, and three others who each promoted one of Felton’s two unregistered initial coin offerings (ICOs). The SEC also charged FLiK and CoinSpark, the two companies controlled by Felton that […] He said he would build a digital streaming platform for FLiK and a digital asset trading platform for CoinSpark. Content Continues Below Instead, he used funds to buy a Ferrari, a $1.5 million Sep 13, 2020 · SEC officials reported Felton raised money by promising to build a digital streaming platform for FLiK, and a digital-asset trading platform for CoinSpark. Sep 14, 2020 · The SEC also charged FLiK and CoinSpark, the two companies controlled by Felton that conducted the ICOs.
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The SEC’s complaint alleges that Felton promised to build a digital-asset trading platform for CoinSpark. (FLiK is not related to fintech as that concerns a digital streaming platform.) Instead, Felton allegedly misappropriated the funds raised in the ICOs and engaged in manipulative trading to inflate the price of SPARK tokens. FLiK and CoinSpark are charged with violating registration and anti-fraud provisions.
The FLiK and CoinSpark Offerings were illegal offerings of securities for which no registration statements were filed or in effect, and as to which no exemption from registration was available.
Sep 12, 2020 Among the associates is Ryan Felton, an Atlanta producer who got charged for controlling Flik and CoinSpark, the companies that conducted the companies FLiK and CoinSpark that conducted the initial coin offerings. The SEC alleged that T.I. in 2017 promoted and sold FLiK tokens on his social Sep 12, 2020 SEC as participants in the alleged scheme, in which Felton claimed to seeking funds to invest in his digital companies FliK and CoinSpark as Sep 14, 2020 Federal officials allege Felton took in more than $3 million from investors in two cryptocurrencies — FLiK and CoinSpark — in 2017 and 2018. Sep 12, 2020 SEC stated that Felton had raised money thru ICOs for a streaming platform named FLiK, and CoinSpark, a digital platform for digital trading Sep 12, 2020 …Felton promised to build a digital streaming platform for FLiK, and a digital- asset trading platform for CoinSpark.
According to records filed Nov. 17 in the U.S. District Court for the Northern District of Georgia, Chance White, Owen Smith, and William Sparks Jr. will pay $102,992 in a settlement covering penalties, fees, and disgorgements for their role in selling tokens in initial coin Sep 14, 2020 · FLiK and CoinSpark, the two companies controlled by Felton, was also charged by The SEC. Aside from Felton, all of the individuals have agreed to settlements to resolve the charges against them. Sep 11, 2020 · The SEC also charged FLiK and CoinSpark, which are the two companies controlled by Felton that conducted the ICOs, according to the release. Sep 11, 2020 · Felton had also allegedly misappropriated the funds raised from FLiK and CoinSpark, which included secretly transferring tokens to himself to raise an additional $2.2 million and spending the The SEC said Felton promised to use investor money to develop the two companies that conducted the ICOs: FLiK and CoinSpark. He said he would build a digital streaming platform for FLiK and a digital asset trading platform for CoinSpark. Nov 19, 2020 · According to records filed Nov. 17 in the U.S. District Court for the Northern District of Georgia, Chance White, Owen Smith, and William Sparks Jr. will pay $102,992 in a settlement covering penalties, fees, and disgorgements for their role in selling tokens in initial coin offerings, or ICOs, for FLiK and CoinSpark. Sep 16, 2020 · FLiK and CoinSpark, the two companies controlled by Felton, was also charged by The SEC. Aside from Felton, all of the individuals have agreed to settlements to resolve the charges against them.
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Sep 11, 2020 · The SEC also charged FLiK and CoinSpark, which are the two companies controlled by Felton that conducted the ICOs, according to the release. Mar 10, 2021 · Flik and Coinspark are charged with violating the registration and anti-fraud provisions. Besides Felton, all persons have agreed to settlements to resolve the charges against them. Meanwhile, the U.S. Attorney’s Office for the Northern District of Georgia has simultaneously brought criminal charges against Felton. Sep 11, 2020 · The SEC also charged FLiK and CoinSpark, which are the two companies controlled by Felton that conducted the ICOs, according to the release.
Sep 11, 2020 · Felton had also allegedly misappropriated the funds raised from FLiK and CoinSpark, which included secretly transferring tokens to himself to raise an additional $2.2 million and spending the The SEC said Felton promised to use investor money to develop the two companies that conducted the ICOs: FLiK and CoinSpark. He said he would build a digital streaming platform for FLiK and a digital asset trading platform for CoinSpark. Nov 19, 2020 · According to records filed Nov. 17 in the U.S. District Court for the Northern District of Georgia, Chance White, Owen Smith, and William Sparks Jr. will pay $102,992 in a settlement covering penalties, fees, and disgorgements for their role in selling tokens in initial coin offerings, or ICOs, for FLiK and CoinSpark. Sep 16, 2020 · FLiK and CoinSpark, the two companies controlled by Felton, was also charged by The SEC. Aside from Felton, all of the individuals have agreed to settlements to resolve the charges against them. The SEC’s complaint has alleged that Felton promised to build a digital streaming platform for FLiK, and a digital asset trading platform for CoinSpark. Sep 12, 2020 · The US Securities and Exchange Commission has charged Atlanta-based rapper Clifford Harris, Jr., better known as T.I., and four others for promoting an unregistered and fraudulent initial coin offerings (ICO).
The complaint seeks injunctive relief, disgorgement of ill-gotten gains, and civil monetary penalties, as well as an 9/11/2020 According to the SEC, Felton was the mastermind behind the entertainment streaming platform FLiK, and cryptocurrency trading exchange CoinSpark.
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Sep 11, 2020 The FLiK ICO raised about 539 ether (ETH), worth $164,665 at the time (late September 2018), while the CoinSpark ICO raised about 460 ether
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