Violation Tracker Individual Record

Company: 
Loci Inc.
Penalty: 
$7,600,000
Year: 
2021
Date: 
June 22, 2021
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Loci Inc. agreed to pay $7.6 million the settle allegatgions it made materially false and misleading statements in connection with an unregistered offer and sale of digital asset securities.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.