SEC v. Vy Pham

Vy Pham allegedly engaged in schemes to manipulate the markets for two crypto assets, “Saitama Inu” and “Robo Inu,” being offered and sold as securities to retail investors, according to the SEC. Pham allegedly engaged in market manipulation of the Saitama Inu crypto asset through coordinated purchases. Pham allegedly hired Gotbit Consulting LLC to provide market-manipulation-as-a-service for the Robo Inu crypto asset.

Summary generated from official Securities and Exchange Commission press release