🦄 Startups & VC 1d ago · Ana-Maria Stanciuc

SEC settles fraud case against Adit Ventures over fake SpaceX and Klarna pre-IPO shares

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SEC settles fraud case against Adit Ventures over fake SpaceX and Klarna pre-IPO shares
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The US Securities and Exchange Commission has settled fraud charges against private-fund adviser Adit Ventures Management LLC, its CEO Eric Munson, and three affiliated general partners, in a case that reads like a cautionary tale about the frenzy for pre-IPO shares in marquee names. The regulator alleges that between April 2019 and December 2024 the […]
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