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SEC charges unicorn founder with $170M fraud

Abraham Shafi, former CEO of social media platform IRL, was charged with defrauding investors of $170 million by the Securities and Exchange Commission.

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Aug 3, 2024 - 04:00
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SEC charges unicorn founder with $170M fraud
Abraham Shafi, former CEO of social media platform IRL, was charged with defrauding investors of $170 million by the Securities and Exchange Commission.
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