- The U.S. Securities and Exchange Commission (SEC) has ordered crypto firm Sparkster and its CEO to pay $35 million into a fund for distribution to harmed investors.
- The securities regulator also charged crypto influencer Ian Balina for promoting crypto tokens without disclosing compensation received.
- In a settlement with the SEC, Sparkster agreed to destroy its remaining crypto tokens, request the removal of its tokens from trading platforms, and publish the SEC’s order on its website and social media channels.
SEC Orders Crypto Firm to Pay Harmed Investors $35 Million — Charges Influencer Ian…
