Imprisoned Pearl Token Founder Hit With Default In SEC Suit

By Emilie Ruscoe · September 25, 2025, 8:00 PM EDT

The incarcerated founder of an unregistered crypto offering known as Pearl tokens has been barred from issuing, offering or selling securities after failing to respond to parallel U.S. Securities and Exchange...

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Documents

Case Information

Case Title

Securities and Exchange Commission v. Elmaani

Case Number

1:20-cv-10376

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

December 09, 2020


Case Title

USA v. Elmanni

Case Number

1:20-cr-00661

Court

New York Southern

Nature of Suit

Date Filed

December 07, 2020