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Judge Dismisses SEC Case Against Crypto Founder Who Bought 555-Carat Diamond

Summary by Bloomberg
A federal judge in Brooklyn, New York, on Friday dismissed a lawsuit brought by the US Securities and Exchange Commission against a crypto founder accused of illegally using millions of dollars in investor funds to buy a 555-carat black diamond known as “The Enigma.”

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Judge Dismisses SEC Case Against Crypto Founder Who Bought 555-Carat Diamond

A federal judge in Brooklyn, New York, on Friday dismissed a lawsuit brought by the US Securities and Exchange Commission against a crypto founder accused of illegally using millions of dollars in investor funds to buy a 555-carat black diamond known as “The Enigma.”

·United States
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Bloomberg broke the news in United States on Friday, February 28, 2025.
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