In their recently unsealed California lawsuit, the two executives – Joshua Porter and Gulsen Kama – allege that Northern Data lied to investors about the strength of its finances, hiding the fact that it is “borderline insolvent,” and, additionally, is “knowingly committing tax evasion to the tune of potentially tens of millions of dollars.”
Related posts
-
Binance, CZ’s Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have made a fresh attempt to dismiss... -
Harris and Trump Bets Near Even Odds Ahead of U.S. Election Day as ‘Voter Fraud’ Rumors Swirl
Bets above $10,000 and $100,000 have increased over the weekend to above-average activity. Large holders of... -
FBI-Created Token Hits Its Mark: Landmark Guilty Plea Shatters Crypto Fraud Ring
The FBI’s fake cryptocurrency token unraveled a landmark market...