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Litigation: SEC Vs. CLS Global FZC, Andrey Zhorzhes
October 16, 2024
WASHINGTON, Oct. 16 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-12590-AK; D. Mass. filed Oct. 9, 2024) involving CLS Global FZC LLC and Andrey Zhorzhes:

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SEC Charges So-Called Market Maker and Its Employee in Crackdown on Manipulation of Crypto Assets Offered and Sold as Securities

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The Securities and Exchange Commission announced fraud charges against United Arab Emirates entity CLS . . .

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