Securities And Exchange Commission v. NAC Foundation, LLC et al

  1. October 20, 2020

    Abramoff-Linked Crypto Firm Seeks Nix Of SEC Fraud Suit

    The developer of an "anti-money laundering" digital token has told a federal judge in San Francisco that it shouldn't have to face U.S. Securities and Exchange Commission fraud claims because the federal regulator had overlooked key "inconvenient facts" when it launched a suit concerning the company's sales pitch.

  2. July 14, 2020

    Abramoff Pleads Guilty To Lobbying Violation, Crypto Fraud

    Political lobbyist Jack Abramoff pled guilty Tuesday in California federal court to violating the Lobbying Disclosure Act and conspiring to defraud investors out of millions of dollars in what Abramoff and his alleged co-conspirator claimed to be a new and improved version of bitcoin.

  3. June 25, 2020

    Abramoff Charged With Conspiracy In Alleged Bitcoin Scheme

    Political lobbyist Jack Abramoff was charged Thursday in California federal court for allegedly defrauding investors out of $5.6 million for what Abramoff, NAC Foundation and its CEO Rowland Marcus Andrade claimed to be a new and improved version of bitcoin.