PlexCoin
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Suspected PlexCoin founders agree to pay nearly US$7 million
A Quebec City couple allegedly behind a cryptocurrency start-up accused of fraudulently selling millions dollars worth of tokens agreed to relinquish the entire amounts raised from PlexCoin investors. Continue reading
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U.S. SEC obtains another order to freeze assets of alleged PlexCorps founder
The noose is tightening around Dominic Lacroix, a Quebec City businessman believed by Quebec’s financial watchdog and the U.S. Securities and Exchange Commission to be behind PlexCorps, a controversial cryptocurrency start-up accused of fraudulently selling millions of dollars’ worth of digital assets. Continue reading
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Alleged PlexCorps founder ordered to hand bitcoins to Quebec financial watchdog
A Quebec City businessman believed by Quebec’s financial watchdog and the U.S. Securities and Exchange Commission to be behind PlexCorps, a controversial cryptocurrency start-up accused of fraudulently selling up to millions of dollars’ worth of tokens, has been ordered to hand all bitcoins in his possession within 48 hours, ruled the Quebec Financial Markets Administrative… Continue reading
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Suspected PlexCoin founder sentenced to two months in prison
Dominic Lacroix, a Quebec City businessman believed by Quebec’s financial watchdog and the U.S. Securities and Exchange Commission to be behind PlexCorps, a controversial cryptocurrency start-up accused of fraudulently selling up to $15 million of tokens, was sentenced to two months of prison and fined $100,000 for contempt of court. Continue reading
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U.S. SEC files charges against PlexCorps
The U.S. Securities and Exchange Commission has obtained an emergency asset freeze against PlexCoin, a controversial “fast-moving” and “purported” initial coin offering (ICO) that has raised up to $15 million from thousands of investors since August 2017. The SEC also filed charges against Dominic Lacroix, a “recidivist” Quebec securities law violator, his partner Sabrina Paradis-Royer… Continue reading
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Quebec City businessman believed to behind PlexCoin found guilty of contempt of court
Dominic Lacroix, a Quebec City businessman believed by the Quebec financial watchdog to be behind the virtual currency PlexCoin, was found guilty of contempt of court. What happened: Lacroix and his company DL Innov inc. failed to respect broad ex parte orders issued by the Quebec Financial Markets Administrative Tribunal on July 20th that forbade… Continue reading
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PlexCoin still under scrutiny by Quebec financial regulator
Quebec’s financial watchdog is putting the squeeze on Dominic Lacroix. Continue reading
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Quebec financial watchdog raids offices of man prohibited from promoting PlexCoin
The Quebec financial watchdog raided last week the offices of Dominic Lacroix, a Quebec City man who has been prohibited by a tribunal to promote and solicit investors for a new virtual currency called PlexCoin. The raid turned up a list of people from around the world, including Quebec, the U.S., and Africa, who expressed… Continue reading
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Quebec financial watchdog considering its options over PlexCoin
Quebec’s financial watchdog is considering handing over the case involving Dominic Lacroix and his companies, who has been prohibited by a tribunal to promote and solicit investors for a new virtual currency called PlexCoin, to police authorities. The Autorité des marchés financiers, the regulatory and oversight body for Québec’s financial sector, is also considering launching… Continue reading