💸 Phillip Frost agrees to settle Riot Blockchain related case for $5.5 Million

On Dec. 27th, Miami billionaire and CEO of OPKO Health, Inc. Philip Frost reached an agreement with the SEC equal to $5.5 million over an alleged pump-and-dump scheme. A class action law suit brought against Frost claimed he participated in stock manipulation with Riot Blockchain Inc.'s largest stock holder, Barry Honig, and ex-CEO, John O’Rourke, who were fined $27 million last September.

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