Kristoffer Krohn unsuccessfully argued in his appeal that the SEC had not established that the Green Boxes were securities offerings or investment contracts in its complaint.
A Utah federal judge has declined an appeal to dismiss a Securities and Exchange Commission lawsuit against a promoter of an allegedly fraudulent crypto mining firm that carried out an $18 million scheme.
Judge Ann Marie McIff Allen on Nov. 26 denied Kristoffer Krohn’s request for an appeal against her Sept. 23 judgment to allow the SEC’s lawsuit against Green United LLC, saying Krohn failed to provide grounds for the appeal.
“The Court declines to certify this case for interlocutory appeal because Mr. Krohn has not shown any substantial ground for difference of opinion as to the controlling law governing any matter the Court addressed in its Sept. 23 Order,” the judge wrote.
In his argument to dismiss the suit, Krohn said the SEC had not established that the Green Boxes offered by Green United were investment contracts, as the regulator claimed in its complaint.
