See More

FBI Seizes Bitcoin-Trading Domain 1Broker Following SEC Complaint

1 min
Updated by Adam James
Join our Trading Community on Telegram

In Brief

  • Elon Musk Also Charged with Securities Fraud by Regulatory Agency
  • promo

1Broker.com — a minimalist bitcoin, forex, and CFD trading domain — has been charged and seized by the Federal Bureau of Investigation (FBI).
According to information provided yesterday on the FBI’s website, 1Broker was in violation of numerous laws. SEC

SEC Complaints

The actions from the FBI follow a complaint from the U.S. Securities and Exchange Commission (SEC). The SEC has alleged that 1Broker CEO Patrick Brunner solicited both American and international investors to purchase and sell security-based swaps without any real KYC (know your customer) requirements. Elon Musk

Elon Musk Also Got Served

In related news, the SEC also charged Tesla CEO Elon Musk with securities fraud yesterday after the prolific business magnate tweeted that he had “secured” funding to take the company private at $420 a share — which subsequently boosted Tesla’s share price. What do you think about the actions taken against 1Broker by the SEC and FBI? Let us know your thoughts in the comments below!
Top crypto platforms in the US | March 2024

Trusted

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Dani-Polo.png
Dani Polo
Dani Polo is the Head of SEO at BeInCrypto.com. For over seven years, Daniel provided SEO for companies ranging from small businesses all the way up to Fortune 500 corporations. He is heavily focused on Fintech and Finance sector. Daniel earned his Bachelor of Science in Computer Science from Universitat Politècnica de Catalunya. He also has certifications from YCombinator Startup School, SEMRush and Hubspot. He’s currently focused on machine learning and artificial intelligence.
READ FULL BIO
Sponsored
Sponsored