Long Blockchain Corp. controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile2 entries
2021
SEC insider-trading charges
The SEC alleged that advance information about the blockchain rebranding announcement was passed through a leading shareholder and a broker to a trader who allegedly profited from a rapid purchase and sale of the stock.
2018
SEC and FBI scrutiny following blockchain rebranding
The SEC subpoenaed company documents, while the FBI sought evidence concerning possible insider trading and securities fraud connected with trading in the company's stock around the 2017 name-change announcement. The company said it cooperated with the investigation.