SEC settles charges over SpaceX, Klarna, pre-IPO share fraud
The SEC alleged that the investment adviser had used "false claims and promises" to solicit investments in Adit-managed funds and used client money for the firm's own benefit, including by taking unsecured loans on favorable terms without disclosure to clients.
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- SEC settles charges over SpaceX, Klarna, pre-IPO share fraud channelnewsasia.com
