🔔【Breaking News】The US SEC has filed a lawsuit against Meta Materials and its former CEO John Brda and George Palikaras, accusing them of market manipulation, fraud and other illegal activities! 😱

It is reported that Brda and Palikaras are accused of planning and implementing a manipulation plan, including the immediate payment of preferred stock dividends before the merger, and also distorting the fact that the company sold oil and gas assets and distributed proceeds to preferred shareholders, misleading investors about the value of dividends. 😨

The SEC's indictment also accused Brda and Palikaras of violating the anti-fraud and proxy disclosure provisions of the federal securities laws, requiring permanent injunctions, prohibitions on executive and director positions, and civil penalties against the two defendants, and requiring Brda to recover pre-judgment interest. 🚨

This incident once again reminds us that investors must consider carefully when investing in blockchain-related projects to avoid being affected by fraud. 🔍

We remain optimistic about Bitcoin. 💪 Let us pay attention to the development of the blockchain industry and look forward to more positive news! 🌟