美国SEC起诉38家实体，指控其伪造ADV表格冒充合法投资顾问

Odaily News, the U.S. Securities and Exchange Commission (SEC) has filed civil lawsuits against 38 entities, accusing them of making material misstatements in their Form ADV filings submitted between 2025 and 2026, in an effort to pose as legitimate U.S. investment advisers and attract retail investors. The defendants include several crypto-related entities such as CryptoOrbit, Ftaexchange, Pinnacle Crypto Exchange, Quantum Financial Institute, and RBH Infinity Exchange. The SEC has removed the relevant ERA filings of the aforementioned 38 entities from its website and is seeking permanent injunctions and civil penalties.