X
07Oct

Financial Daily Dose 10.6.2020 | Top Story: Cybersecurity Pioneer John McAfee Arrested, Accused of Tax Evasion Over Crypto Promotion

The SEC has sued “cybersecurity pioneer John McAfee” for “promoting the sale of cryptocurrencies without disclosing that he was being paid to do so.” McAfee allegedly recommended “at least seven initial coin offerings to his Twitter followers from at least November 2017 to February 2018 without revealing that he earned more than $23 million to boost them.” McAfee was arrested in Spain this week after fleeing Belize in 2012 “ahead of a murder investigation there”....
By: Robins Kaplan LLP
Source Url: https://www.jdsupra.com/legalnews/financial-daily-dose-10-6-2020-top-26152/

Related

AB 51 Update: Court Continues TRO on California’s Arbitration Statute

Assembly Bill (AB) 51, which attempts to ban certain mandatory arbitration agreements, was scheduled...

Read More >

New Regulations Emphasize Discounts to Delaware Employers with Drug-Free Workplace Programs

Delaware is reminding its employers that a safe, drug-free workplace can pay. On February 1, the st...

Read More >

New Pennsylvania Medical Marijuana Lawsuit May Someday Provide Guidance to Employers

Q: Are there any new cases involving Pennsylvania’s Medical Marijuana Act in the context of employm...

Read More >

DOJ Brings First-Ever Criminal Prosecution Of Executives For Failing To Report Dangerous Product Defects

A precedent-setting criminal prosecution of two California executives under the Consumer Product Saf...

Read More >

The 10th Circuit Grants Re-Leaf to Workers Seeking Overtime Under the FLSA

Seyfarth Synopsis: the 10th Circuit has held that the FLSA applies to workers in the marijuana indus...

Read More >

Just Pay It: Ninth Circuit Moves Exit Inspection Suit Against Nike Forward

Exit inspections conducted as retail employees of Nike leave the store may need to be compensated, t...

Read More >