Tina Barksdale
Co-creator of Ormeus Coin (JonAtina Barksdale) who led production of the promotional materials behind the $124M fraud. The SEC won a default judgment ordering disgorgement and a ~$23.1M civil penalty.
Also known as: JonAtina Barksdale
Note: The SEC obtained a civil default judgment against Tina Barksdale.
Bio
JonAtina "Tina" Barksdale co-created Ormeus Coin with her brother John, leading production of the social-media posts, YouTube videos, and press releases that the SEC said falsely portrayed the token as backed by a vast mining operation. [1][2]
Status
The SEC charged Tina Barksdale in 2022; a March 2023 default judgment held the siblings jointly liable for ~$56.3 million in disgorgement and interest and imposed a ~$23.1 million civil penalty on her. [1][2]
Bracketed numbers refer to the numbered sources listed below.
Linked scams & cases
Sources (2)
See also
- Bitcoin Latinum (LTNM)TokensA ~$16M token offering (SAFTs for 'Bitcoin Latinum' / LTNM) that the SEC charged in 2026 as fraud: founder Donald Basile falsely called LTNM 'the world's first insured digital asset' backed by an 'existing trust,' neither of which existed, and diverted investor funds for personal use (including a $160,000 horse).
- Loci (LOCIcoin)TokensA 2017–2018 ICO for 'LOCIcoin' tied to the InnVenn IP-search platform. The SEC charged Loci and CEO John Wise with fraud for raising $7.6M on false claims about revenue, headcount, and user base; Wise also misused investor funds. Settled with a $7.6M penalty and an officer/director bar.
- Blockchain Terminal (BCT)Tokens
This page was last updated on Jun 8, 2026. View revision history.