Other
"SEC Charges Three Media Companies with Illegal Offerings of Stock and Digital Assets"
Primary Source ↗Incident Details
The SEC filed charges against GTV Media Group and related entities, alleging they engaged in an unregistered ICO when they offered investors the opportunity to buy “G-Coins” (also called “G-Dollars”). GTV immediately settled with the SEC, agreeing to pay over $539 million.GTV Media Group is a media company co-founded by Steve Bannon and Guo Wengui, both figures in the American far right who have close ties to Donald Trump.
Technical Details
- Initial Attack Vector
- Regulatory / legal action
- Vendor / Product
- GTV Media Group SEC settlement
Timeline
- 2021-09-13 Breach occurred
- 2021-09-13 Publicly disclosed