{"id":1027889,"date":"2026-08-11T07:54:35","date_gmt":"2026-08-11T02:24:35","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1027889"},"modified":"2026-08-11T07:55:37","modified_gmt":"2026-08-11T02:25:37","slug":"sec-settles-charges-over-spacex-klarna-pre-ipo-share-fraud","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/11\/sec-settles-charges-over-spacex-klarna-pre-ipo-share-fraud\/","title":{"rendered":"SEC settles charges over SpaceX, Klarna, pre-IPO share fraud"},"content":{"rendered":"<p>The U.S. Securities and Exchange Commission on Monday brought settled charges of fraud against Adit Ventures Management, its founder and three partners in connection with pre-IPO investments in companies including Klarna and SpaceX, the agency said in a release. <\/p>\n<p>The SEC alleged that the investment adviser had used &#8220;false claims and promises&#8221; to solicit investments in Adit-managed funds and used client money for the firm&#8217;s own benefit, including by taking unsecured loans \u200con favorable terms \u2060without \u2060disclosure to clients.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission on Monday brought settled charges of fraud against Adit Ventures Management, its founder and three partners in connection with pre-IPO investments in companies including Klarna and SpaceX, the agency said in a release. The SEC alleged that the investment adviser had used &#8220;false claims and promises&#8221; to solicit investments in Adit-managed funds and used client money for the firm&#8217;s own benefit, including by taking unsecured loans \u200con favorable terms \u2060without \u2060disclosure to clients.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1027889","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1027889"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027889\/revisions"}],"predecessor-version":[{"id":1027890,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027889\/revisions\/1027890"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1027889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1027889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1027889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}