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SEC Granted Default Judgment in $45 million Coindeal Fraud Case
The SEC announced this week that the U.S. District Court for the Eastern District of Michigan has issued a default judgment against Garry Davidson and Linda Knott for their alleged involvement in a $45 million Coindeal fraud. Davidson and Knott are accused of defrauding investors by falsely promising huge returns by selling blockchain technology Coindeal to wealthy buyers. The fraud began in January 2019 and continued until mid-2022, during which they misled investors about the value of Coindeal...
2024-07-12 02:39:20
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