SEC: Startup had ‘no functional streaming service’, raised $1.3m anywayJude Karabuson December 22, 2022 at 13:08 The Register

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Asks Florida judge to sanction ‘American-Latino centric version of Netflix’ for alleged fraud

The US Securities and Exchange Commission has charged a media company based in Florida with defrauding investors about its ability to stream content on a functioning media platform, and accused its CEO of misappropriating over $450,000 of investor funds.…

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