Violation Tracker Individual Record
: GTV Media Group, Inc. and Saraca Media Group, Inc.
: September 13, 2021
: financial offenses
: investor protection violation
: GTV Media Group, Inc. and Saraca Media Group, Inc. agreed to pay $479.9 million restitution in settlement of allegations they unlawfully sold stocks and two digital instruments promoted as cryptocurrencies without registering in New York state. Payments made to the SEC in connection with that agency's investigation would count towards the restitution total.
Level of Government
: agency action
: New York Attorney General
Civil or Criminal Case
: New York
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Current parent company note
: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log