SEC Suspends Cryptocurrency-Related OTC Stock for False Claims

SEC Suspends Cryptocurrency-Related OTC Stock for False Claims


The Securities Exchange Commission (SEC) this morning suspended trading in the securities of American Retail Group, Inc (OTC: ARBG) as a result of allegations that the company made false statements involving cryptocurrency, including that it had partnered with an “SEC-qualified custodian.” The accompanying statement from the agency references two August 2018 press releases from the Nevada-based

The post SEC Suspends Cryptocurrency-Related OTC Stock for False Claims appeared first on CCN

Posted by Neil Mathew on October 22, 2018 @ https://www.ccn.com/sec-suspends-cryptocurrency-related-otc-stock-for-false-claims/

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