Apex376 Partners

Apex376 Partners LLC has been associated with several significant concerns, including regulatory warnings and allegations of fraudulent activities. Below are key negative points with supporting details:

Regulatory Warning by the SEC

The U.S. Securities and Exchange Commission (SEC) included Apex376 Partners LLC in its Public Alert: Unregistered Soliciting Entities (PAUSE) list on August 30, 2023.

The PAUSE list identifies entities that falsely claim to be registered or licensed in the U.S., potentially misleading investors about their legitimacy.

Allegations of Cryptocurrency Fraud

In September 2024, the SEC charged a partner associated with Apex376 Partners LLC for allegedly defrauding approximately 70 investors, raising at least $852,000 in crypto assets.

The charges suggest the use of deceptive practices to solicit investments under the pretense of legitimate cryptocurrency opportunities.

Lack of Verifiable Contact Information

The SEC’s PAUSE list entry for Apex376 Partners LLC indicates the absence of a phone number and fax number, providing only an email address and website.

This lack of comprehensive contact information can be a red flag, as legitimate financial entities typically offer multiple avenues for communication to ensure transparency and trust.

Potential Misrepresentation of Registration Status

Being listed on the SEC’s PAUSE list suggests that Apex376 Partners LLC may have falsely claimed to be a registered or licensed entity in the U.S.

Such misrepresentation can mislead investors into believing they are dealing with a legitimate and regulated firm, increasing the risk of financial fraud.

Association with Unregistered Soliciting Entities

Apex376 Partners LLC’s inclusion in the PAUSE list places it among entities that have been flagged for unregistered solicitation activities.

This association raises concerns about the firm’s adherence to regulatory standards and its commitment to ethical business practices.