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Topic: Crowd Machine SEZC

SEC charges another Cayman ICO issuer

The SEC has charged Australian Craig Sproule and his companies Crowd Machine, Inc. and Metavine, Inc. for making materially false and misleading statements in connection with an unregistered offer and sale of digital asset securities.

Investors sue Cayman crypto start-up for fraud

Two investors have sued Crowd Machine Inc of Delaware and its affiliate, Cayman-based Crowd Machine SEZC, alleging “a massive investment fraud” in relation to the cryptocurrency start-up’s Cayman initial coin offering.

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