Replies to post #60903 on Two Hands Corp (TWOH)

[BigBadWolf]

John M. Fife, et al.; Auctus Fund Management, LLC, et al.; Curt Kramer, et al.
U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 26330 / June 18, 2025

Securities and Exchange Commission v. John M. Fife, et al., Case No. 1:20-cv-05227 (N.D. Ill. filed Sept. 3, 2020)

Securities and Exchange Commission v. Auctus Fund Management, LLC, et al., Case No. 1:23-cv-11233 (D. Mass. filed Jun. 1, 2023)

Securities and Exchange Commission v. Curt Kramer, et al., Case No. 1:24-cv-03498 (S.D.N.Y. filed May 7, 2024)

SEC Announces Dismissal of Three Civil Enforcement Actions

On June 18, 2025, the Securities and Exchange Commission filed joint stipulations with the defendants in three separate cases to dismiss, with prejudice, the following ongoing civil enforcement actions against them:

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-24886
Securities and Exchange Commission v. John M. Fife, et al., Case No. 1:20-cv-05227 (N.D. Ill. filed Sept. 3, 2020);

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25741
Securities and Exchange Commission v. Auctus Fund Management, LLC, et al., Case No. 1:23-cv-11233 (D. Mass. filed June 1, 2023); and

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25995
Securities and Exchange Commission v. Curt Kramer, et al., Case No. 1:24-cv-03498 (S.D.N.Y. filed May 7, 2024).

The Commission’s decision to exercise its discretion and dismiss these pending enforcement actions rests on its judgment that the dismissals are appropriate as a policy matter, not on any assessment of the merits of the claims alleged in the actions. Furthermore, as stated in each of the joint stipulations, the Commission’s decision to seek dismissal of the actions “does not necessarily reflect the Commission’s position on any other case.”