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Securities and Exchange Commission v. Longfin Corp. et al.

18-cv-02977
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Case Summary

The Securities and Exchange Commission (SEC) sued Longfin Corp. and associated defendants under docket 18-cv-02977, alleging securities fraud. Longfin, a fintech company, drew SEC scrutiny shortly after its 2017 Regulation A+ offering when its stock surged more than 2,000 percent following a cryptocurrency-related announcement. The SEC alleged that insiders sold restricted shares illegally during that run-up. The case has reached a status report stage, with docket entry 174 reflecting ongoing post-judgment or settlement administration activity. Cases at this procedural posture typically involve compliance monitoring, disgorgement collection, or resolution of remaining defendant-specific claims.

No timeline activity recorded yet. This page will grow as rulings and filings land.

Key Issues

  • • Illegal insider sales of restricted securities
  • • Alleged pump-and-dump scheme tied to cryptocurrency announcement
  • • Regulation A+ offering compliance
  • • Disgorgement and civil penalty enforcement
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Case Timeline

1 event
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Other April 20, 2026

1:18-cv-02977 Securities and Exchange Commission v. Longfin Corp. et al.

The parties filed a joint status report.

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Press Coverage

1 article
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Sources tracked

1 outlet · 1 article

Timeline events

1 record on file

Last updated

2 hours, 3 minutes ago

Juryvine aggregates docket entries from PACER/CourtListener, press coverage, and GDELT signals. Ingestion timestamps do not appear in the What Changed feed — that reflects real court activity only.