SEC prices crypto funding supervisor Titan with deceptive promoting claims

Fintech funding adviser Titan World Capital Administration has agreed to a cease-and-desist order by the US Securities and Trade Fee (SEC), together with censure and penalties after the company pressed prices towards it referring to promoting and compliance failures.

In line with the SEC, the New York-based agency made deceptive claims on its web site that have been primarily based on “hypothetical efficiency” in violation of the SEC’s amended advertising rule of December 2020. This was the primary case of prices made beneath that rule. SEC senior enforcement officer Osman Nawaz mentioned in an announcement:

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