SEC sues Lottery.com, former execs; company in settlement talks expecting no material liability

Sports Entertainment Gaming Global Corp

SEC filed civil complaint on Jan 22, 2026 in SDNY against former senior execs, the company, and Trident SPAC CEO.
Alleged conduct occurred primarily 2020–mid-2022, pre- and post-merger with Trident Acquisitions Corp.
Company maintains complaint lacks merit, has fully cooperated, and is in non-binding settlement discussions nearing resolution.
Current management not involved in alleged conduct; former executives are no longer employed by the company.
Complaint seeks injunctive relief, disgorgement, civil penalties; company expects no material liability from the matter.

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