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Judge Sides with US SEC in Case Alleging Defunct Rivetz Mobile Wallet Platform Sold Unregistered Securities

“The SEC will negotiate with Sprague [Steven Sprague, CEO of Rivetz] and submit a proposal for a decision on compensation and monetary relief on or before October 22, 2024,” said Mastroianni. “Sprague will file objections to the proposed decision on or before November 5, 2024.”

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