Massachusetts becomes the 30th state to enact a rule or law based upon the model passed by the National Association of Insurance Commissioners, intended to align state regs for annuity sales with the SEC’s Regulation Best Interest.
The eight defendants allegedly perpetrated a "pump and dump" scheme using their social media followers on Twitter and Discord.
Excerpts from the SEC's 28-page filing claiming that the FTX co-founder engaged in a scheme to deceive investors.