First Circuit Upholds $17M SEC Clawback in Crypto Lending Fraud Case
SEC Crushes Appeal: Crypto Lender’s $17M Clawback Stands The First Circuit just slammed the door on Raimund Gastauer’s bid to dodge a $17 million SEC clawback, upholding a lower court’s order in a high-stakes crypto lending fraud case. This ruling reinforces the SEC’s iron grip on unregistered securities schemes, signaling to crypto players that ill-gotten…
