The Securities and Exchange Commission has accused Titan Global Capital Management USA, a fintech investment advisor, of deceiving investors through performance metric advertisements.
Tian has agreed to pay over USD 1 million to settle the charges in the first case involving the SEC’s revised marketing rule, without admitting or disputing the conclusions.
According to the SEC, Titan advertised “annualized” performance results for its cryptocurrency strategy as high as 2,700% between August 2021 and October 2022 on its website. Titan offers a variety of complex strategies to retail investors through its mobile trading app.
Read More: SEC charges fintech investment adviser with violating marketing rule
