The Securities and Exchange Commission (SEC) has secured a victory in its legal battle against crypto influencer Ian Balina, who was accused of violating securities laws.

Quick Summary:

On Wednesday, a Texas federal court judge ruled in favor of the US Securities and Exchange Commission (SEC) in the case against crypto influencer Ian Balina.

The case is part of the Sparkster saga that started in 2018.

As seen in the document, the Court considered that the influencer’s ties to the US were sufficient to show he “purposefully targeted” American investors.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: HungaryUnited States

Topics: Court Judgement Token Metrics CEO Ian Balina Crypto News Sparkster CEO Crypto Fraud Crypto influencer Ian Balina US SEC SEC Crypto ICO

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-25 @ 05:00:04 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 543 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21080227

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

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News Last Updated: 12 hours ago

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