Home Cryptocurrency B. Riley and Nomura entangled in SEC investigation into cryptocurrency sponsor: Bloomberg

B. Riley and Nomura entangled in SEC investigation into cryptocurrency sponsor: Bloomberg

by SuperiorInvest

According to the report, Kahn has been a “long-time customer” of B. Riley, and the bank helped him lead a “management buyout of Franchise Group, or FRG, a Delaware-based retail company. Ohio”. Additionally, Nomura, a major Japanese financial group, had “led a $600 million loan syndicate to B. Riley to help finance the Kahn acquisition,” the report said, citing loan documents.

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