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SEC sues Lottery.com and ex-employees for revenue fraud 

Depiction of lottery in New York
Photo: Spencer Platt/Getty Images

Alexander Barzacanos

2 min read
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According to the complaint, a series of artificial transactions drastically inflated the company’s value from 2020 to 2022.

Lottery.com, a digital platform that allows users to purchase lottery tickets, has received a civil lawsuit from the SEC in Manhattan federal court.

The regulator is also suing three former employees of the company, including its former CEO Lawrence Anthony DiMatteo, while charging Vadim Komissarov, the CEO of a

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