The US Securities and Exchange Commission is making moves to expedite its fraud case against Gautam Adani, seeking judicial clearance to proceed. Here's the catch: the agency has been struggling to serve the Indian billionaire with a legal summons for over a year now. This delay has been a major roadblock in advancing the case, and the SEC is essentially asking a judge to find an alternative path forward. The situation highlights the complexities of international enforcement in high-profile financial cases, especially when defendants prove difficult to locate or serve. With regulatory scrutiny intensifying around major business figures in the crypto and global markets, this case is drawing significant attention from industry observers and legal experts watching how cross-border securities enforcement plays out.

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TopBuyerBottomSellervip
· 13h ago
Still can't send the subpoena after a year? This efficiency is really impressive. Is this how cross-border enforcement works?
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MelonFieldvip
· 14h ago
Haven't served a subpoena in a year? The efficiency is truly remarkable; cross-border enforcement is just this complicated.
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AirdropBuffetvip
· 14h ago
Can't catch people, so you want to change the rules? This kind of trick is seen too often in Web3.
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AirdropBlackHolevip
· 14h ago
Haven't received the subpoena in a year? Adani's hide-and-seek skills are impressive, and the SEC is a bit outrageous.
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