Friday, April 6, 2018

SEC Freezes LFIN Assets Due to Illegal Distribution

This stock went 500% in Dec of 2017 due to Blockchain hype and bounce around for a few months. It then came crashing down after the SEC started an investigation early this week. Over the last 2 days it started getting pumped again. Lots of people started to buy back in hoping to get another huge run up. Everyone still holding a bag may be out of their money. Or its going to take a long time to reverse trades if they even do that.

https://www.sec.gov/news/press-release/2018-61

Edit: New document added https://www.sec.gov/litigation/complaints/2018/comp-pr2018-61.pdf



Submitted April 06, 2018 at 11:32AM by eschulist https://ift.tt/2H1bXD6

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