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Violation Tracker Individual Record

Company: Crowd Machine, Inc. and Metavine, Inc.
Penalty: $24,234,548
Year: 2024
Date: January 23, 2024
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: The United States District Court for the Northern District of California issued an amended final judgment ordering defendants Crowd Machine, Inc. and Metavine, Inc. to disgorge $19,676,401.27 raised from investors in an unregistered and fraudulent offering of crypto asset securities, plus $3,358,147.75 in prejudgment interest. The Court also ordered defendants to pay civil penalties of $600,000, each.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.