The U.S. SEC has filed a lawsuit against UBI Blockchain, accusing it of violations

ChainCatcher message, according to a public document, the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against UBI Blockchain, accusing it of violations. According to the lawsuit documents, BI Blockchain Internet Ltd. is a Delaware company located in Hong Kong, registered with the Commission under Section 12(g) of the Exchange Act for a class of securities.

The SEC stated that UBIA has failed to submit periodic filings as required, and since the Commission ordered the dismissal of the previous lawsuit against UBIA on June 2, 2023, the company has not submitted any periodic or other reports.