Securities and Exchange Commission
SEC v. CLS Global FZC LLC and Andrey Zhorzhes
SettledFiled: October 8, 2024
CLS Global FZC LLC allegedly engaged in a scheme to manipulate the market for “NexFundAI” by creating the false appearance of an active trading market for it, according to the SEC.
Summary generated from official Securities and Exchange Commission press release
Source: Securities and Exchange Commission Press Release ↗Parties
Defendants / Respondents
- CLS Global FZC LLC
- Andrey Zhorzhes
Dates
Filed
October 8, 2024
Resolved
April 6, 2025
Published
April 17, 2025
Case Details
Industry
Finance
Penalty Type
Disgorgement