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SEC Alleges Fund Adviser Misled Investors in Pre-IPO Schemes
The SEC has charged investment adviser Adit Ventures and co-founder Eric Munson with defrauding investors through misrepresentation and undisclosed fees related to pre-IPO investment opportunities. The firm allegedly made false claims about its investments while overcharging clients millions of dollars to purchase shares in companies like SpaceX and Klarna before their public offerings.
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