SEC Sues Former Lottery.com Executives Over Alleged Securities Violations

Reuters01-26

SEC Sues Former <a href="https://laohu8.com/S/SEGG">Lottery</a>.com Executives Over Alleged Securities Violations

Lottery.com Inc. is facing a civil complaint filed by the U.S. Securities and Exchange Commission (SEC) in the Southern District of New York, naming the company, certain former executives, and the former CEO of its SPAC merger partner as defendants. The SEC alleges violations of federal securities laws related to conduct occurring between 2020 and mid-2022. While Lottery.com maintains that the complaint lacks merit, it is engaged in non-binding settlement discussions with the SEC and believes the matter is close to resolution without material liability. The company has since implemented significant changes in management and internal controls, and the current management team was not involved in the alleged conduct.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lottery.com Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-003455), on January 23, 2026, and is solely responsible for the information contained therein.

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While Lottery.com maintains that the complaint lacks merit, it is engaged in non-binding settlement discussions with the SEC and believes the matter is close to resolution without material liability. The company has since implemented significant changes in management and internal controls, and the current management team was not involved in the alleged conduct.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lottery.com Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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