Share on LinkedInShare on LinkedIn

ARTICLE · 13 JANUARY 2020

PlexCorps Ready To Pay

Boccadutri International Law Firm
Explore more from Boccadutri International Law Firm

After the sentence that condemned PlexCorps to repay its investors, the Securities and Exchange Commission is ready to organize the distribution of the money seized.

GlobalCorporate/Commercial Law
Calogero Boccadutri
Calogero Boccadutri
Author LinkedIn connections

After the sentence that condemned PlexCorps to repay its investors, the Securities and Exchange Commission is ready to organize the distribution of the money seized.

The ICO (offering of initial coins) launched by PlexCorps since 2017, was judged fraudulent in the final sentencing on October 2nd, 2019, issued by the Eastern District Court of New York.

Dominic Lacroix and Sabrina Paradis-Royer, the two behind the company, although neither have admitted nor denied the allegations, accepted the sentencing by giving their written consent to pay fines and refrain from participating in public companies in the future.

The United States Securities and Exchange Commission (SEC), which has been investigating PlexCoin since 2017, issued a notice to reassure investors about the fate of the sums seized.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

CLIENT ALERT: 2026 Mid-Year Update On SEC And CFTC Enforcement

The SEC and CFTC have fundamentally shifted their enforcement approach in 2026, moving away from high-volume technical violations toward targeted actions addressing serious fraud and market manipulation. This mid-year update examines new leadership priorities, enhanced inter-agency coordination, revised cooperation policies, the elimination of "no-deny" settlement provisions, and a landmark Supreme Court ruling on disgorgement that collectively reshape the regulatory landscape for market participants.
United StatesCorporate/Commercial Law
Sher Tremonte
Sher Tremonte
Article

Healthcare Trends & Transactions Q2 2026

Healthcare M&A activity maintained steady momentum through Q2 2026, driven by physician practice consolidation, AI-enabled technology acquisitions, and strategic outpatient expansion. Private equity investment persisted despite intensifying regulatory scrutiny of MSO arrangements, while digital health buyers paid significant premiums for platforms demonstrating production-grade AI capabilities and proprietary data assets.
United StatesCorporate/Commercial Law
Bass, Berry & Sims PLC
Bass, Berry & Sims PLC
Article

The Big Long List Of U.S. AI Laws

State legislatures across the U.S. have enacted a complex web of AI regulations affecting private sector businesses, spanning employment decisions, healthcare applications, consumer interactions, and digital rights. These laws impose compliance obligations including bias audits, disclosure requirements, and restrictions on automated decision-making, with enforcement mechanisms ranging from regulatory oversight to private rights of action. Understanding which state laws apply to your AI systems is critical,
United StatesCorporate/Commercial Law
Taft, Stettinius & Hollister LLP
Taft, Stettinius & Hollister LLP