💸 Phillip Frost agrees to settle Riot Blockchain related case for $5.5 Million
On Dec. 27th, Miami billionaire and CEO of OPKO Health, Inc. Philip Frost reached an agreement with the SEC equal to $5.5 million over an alleged pump-and-dump scheme. A class action law suit brought against Frost claimed he participated in stock manipulation with Riot Blockchain Inc.'s largest stock holder, Barry Honig, and ex-CEO, John O’Rourke, who were fined $27 million last September.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.