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by Mike Caswell
Oliver Lindsay, the Vancouverite serving 17 months in a Washington State prison for a $1.4-million pump-and-dump on the OTC Markets, will receive a jail visit from the U.S. Securities and Exchange Commission in the coming weeks. (All figures are in U.S. dollars.) The SEC intends to ask him questions as part of an insider trading case that it is pursuing against others. The regulator claims that in 2017 Mr. Lindsay learned about a blockchain deal before it became public, and passed that information on to an associate.
The prison visit arises after a federal judge in New York issued a court order on Friday, May 19, granting a request by the SEC to depose Mr. Lindsay in prison. With Mr. Lindsay nearing his release date, the SEC sought to interview him before he leaves its jurisdiction. Being a Canadian, he will end up in the custody of immigration authorities upon his release, to await deportation.
Friday's order says nothing about what the SEC intends to ask Mr. Lindsay, but the questioning arises as part of an insider trading case that the regulator is pursuing against one of his associates, a California stock tout named Gannon Giguiere. The SEC says that Mr. Lindsay learned about a then-upcoming deal involving a listing called Long Island Iced Tea Corp. in 2017. He shared a draft of a news release with Mr. Giguiere, who then bought the stock, according to the SEC.
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Lawyer blatantly broke a law on BC, and a lawyer said the lawsuit was frivolous, when as officer the court they both shoulda arrested themselves rhe frivolous lawyer now a bc judge, and this guy goes to jail on circumstantial b s evidence case, scum
Bags in law enforcement in. C they show up at your door bash ‘em bash em bash em scum bag liars and thieves