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The SEC has dropped civil enforcement cases this week against many of the people pardoned by President Donald Trump, according to the New York Times. One of those cases was against Trevor Milton, the founder of the now-defunct electric and hydrogen vehicle company Nikola, who was sentenced to prison for fraud in late 2023.
Milton was convicted in 2022 of lying to investors about the capabilities of the technology his company was developing and sentenced to…
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The SEC has dropped civil enforcement cases this week against many of the people pardoned by President Donald Trump, according to the New York Times. One of those cases was against Trevor Milton, the founder of the now-defunct electric and hydrogen vehicle company Nikola, who was sentenced to prison for fraud in late 2023.
Milton was convicted in 2022 of lying to investors about the capabilities of the technology his company was developing and sentenced to…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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