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Dropil

DROPs token founders Jeremy McAlpine and Zachary Matar sentenced in $1.9M ICO scam

Wahid Pessarlay

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3 August, 2022

DROPs token founders Jeremy McAlpine and Zachary Matar sentenced in $1.9M ICO scam

Jeremy McAlpine and Zachary Matar pleaded guilty to one count each of securities fraud in August 2021; McAlpine will serve...

DROP token creators plead guilty to $1.8M ICO scam, settle with SEC

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8 July, 2021

DROP token creators plead guilty to $1.8M ICO scam, settle with SEC

The two raised $1.9 million by selling over 600 million native tokens, all while issuing false statements, presenting fake profitability...

US SEC goes after another digital currency company and its ICO

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28 April, 2020

US SEC goes after another digital currency company and its ICO

Dropil is allegedly offering an unregistered security to support its Dropil decentralized exchange.

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