USAO - New York, Southern News Update

Offices of the United States Attorneys

You are subscribed to USAO - New York, Southern news updates. This information has recently been updated, and is now available. Former CEO Of A Special Purpose Acquisition Company – "SPAC" – Pleads Guilty To Securities Fraud 02/03/2026 07:00 AM EST United States Attorney for the Southern District of New York, Jay Clayton, announced that VADIM KOMISSAROV, the former Chief Executive Officer of Trident Acquisitions Corp. ("TDAC"), a publicly traded special purpose acquisition company ("SPAC"), pled guilty today before U.S. District Judge Alvin K. Hellerstein to securities fraud for his role in a scheme to defraud TDAC investors and investors in TDAC's successor company, Lottery.com Inc., by publicly reporting false and misleading revenue and business information.

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