An SEC Filing Is Not a License: The $130 Million Crypto Case Built on Fake Paperwork
More than $130 million. Two official-looking SEC filings. No SEC approval. The SEC alleges BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd used public filings and fabricated registration certificates to sell investors a crypto trading operation that never generated trading profits. The complaint is an allegation, not a verdict The SEC filed its civil complaint on October 29, 2026, in the U.S. District Court for the Northern District of California. Litigation Release 26679, dated October 30, describes the action. The allegations are not findings of liability or criminal convictions. ...