SEC v. Ubong Uboh and Tyler Crockett (pump and dump, 2021)

Settled

✓ Checked against the primary document on October 4, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

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In April 2021 the SEC charged Ubong Uboh and Tyler Crockett over a pump-and-dump scheme. Uboh consented to an injunction and penny stock bar on 22 February 2023, and a final judgment of 30 August 2024 ordered US$536,898 in disgorgement and US$176,077.85 in interest, treated as satisfied by his criminal restitution and forfeiture; Crockett was not checked.

The record

What was ordered

Civil penalty

—

Disgorgement

$537k

Prejudgment interest

$176k

Total relief

$713k

Alleged gain

—

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the Securities and Exchange Commission announced this matter on April 22, 2021 as release LR-25075. The respondents named are Ubong Uboh and Tyler Crockett (2 individuals, 0 entities). The action was brought in the U.S. District Court, Eastern District of New York.

This library tags the matter as pump and dump, based on the conduct the regulator describes. Each tag links to a page explaining how that technique works, what statute it engages, and what penalties comparable actions have attracted. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.

The conduct is recorded against equities.

Non-monetary relief recorded: penny stock bar.

The release references a parallel criminal proceeding. Where a criminal case exists, the civil and criminal outcomes are recorded separately, because they resolve on different standards of proof.

Outcome. A judgment filed on 22 February 2023 records Uboh's consent to a permanent injunction and a penny stock bar, leaving disgorgement and penalties for later motion. The final judgment filed on 30 August 2024 holds him liable for disgorgement of US$536,898 and prejudgment interest of US$176,077.85, deemed satisfied by the US$3,741,263.96 restitution and US$446,702 forfeiture ordered against him in the parallel criminal case, and permanently bars him from taking part in penny stock offerings. The copy opened is a poorly scanned image, so the figures were read from it with some care and no civil penalty was found in it.

This outcome covers Uboh only. Co-defendant Tyler Crockett was not checked and no outcome for him is stated here. The criminal sentence is not in the documents opened.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

• Pump and dump — see how it works, what statute it engages, and every other action tagged the same way.

Timeline

1. 2021-04-22 Litigation release published
2. 2023-02-22 Consent judgment against Uboh: injunction and penny stock bar, money reserved
3. 2024-08-30 Final judgment against Uboh: disgorgement and interest, deemed satisfied by criminal restitution

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

• SEC litigation release
• Judgment as to Ubong Uboh (22 February 2023)
• Final judgment as to Ubong Uboh (30 August 2024)

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Related actions

Other actions in the library sharing at least one technique tag with this one.

Record added September 10, 2026. submit a correction.