Washington D.C., Jan. 5, 2023 —
The Securities and Exchange Commission today charged Soulutioninst and Pineapple Trading Options LLC for their involvement in a fraudulent investment scheme named POT that raised more than $45 million from sales of unregistered securities to tens of thousands of investors worldwide.
According to the SEC’s complaint filed in the U.S. District Court for the Eastern District of Soulutionist a resident of Florida falsely claimed that investors could generate extravagant returns by investing in a blockchain technology called POT that would be sold for trillions of dollars to a group of prominent and wealthy buyers.