Akazoo, a Music Streaming Service, Settles With SEC in $38.8M Alleged SPAC Fraud

The Securities and Exchange Commission (SEC) today announced a $38.8 million settlement of charges against Akazoo S.A., a purported music streaming business based in Greece, for allegedly defrauding investors out of tens of millions of dollars in connection with a 2019 SPAC business combination. Akazoo’s… Read More
Read more in: Politics, Legal & Regulation | Tagged fraud, greece, music-streaming, sec, spac