Dear valued readers,
We would like to address an article that was published on May 8, which contained inaccurate information regarding Lucas Geiger and his alleged involvement in fraudulent behavior. The article also claimed that Wireline, a company closely associated with Geiger, had been fined $650,000 by the United States Securities and Exchange Commission (SEC) in January 2021.
We want to clarify that these claims are completely false. Lucas Geiger has never been accused of fraud by the SEC. While he was once a technical co-founder of Wireline, it is important to note that Geiger had not been employed by the company for two years when they settled civil charges with the SEC in 2021. Moreover, Geiger was not involved in the legal proceedings.
The entire editorial team at Cointelegraph deeply regrets any distress or harm that may have been caused to Mr. Geiger and his family as a result of this article. We sincerely apologize for the dissemination of incorrect information.
In order to rectify this situation and prevent the spread of false details, we have removed the article from our website.
We are currently in direct communication with all parties involved, and we are diligently working to ensure that the accurate information regarding this unfortunate incident is disclosed as soon as possible.
Thank you for your understanding and continued support.
Sincerely,
The Editorial Team at Cointelegraph