Shortly after BitClouts rollout, law firm Anderson Kill, which has a prominent crypto practice, sent Al-Naji a cease-and-desist letter
claiming that the projects usage of social media users likenes… [+1260 chars]
The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities.
![BitClout Founder Charged With Wire Fraud, Civil Securities Charge](https://img.easybranches.com/uploads/news/2024/08/14685212.jpg)
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