The former CEO of the special purpose acquisition company that acquired Lottery.com Inc. has been charged with securities fraud, conspiracy, obstruction, and perjury, according to an indictment announced Thursday.
The indictment, filed in the US District Court for the Southern District of New York, accuses Vadim Komissarov of defrauding Trident Acquisitions Corp. investors “by reporting false and misleading revenue and business information about a prospective acquisition target"—Lottery.com—and then selling off his shares before the market realized the “true state of the company.”
He faces one count of conspiracy to commit securities fraud, to make false and misleading statements in proxy ...
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