False claims and risky trades at the Silicon Valley start-up HeadSpin were part of a pattern of trouble emerging at young companies that lacked controls.

Read More Venture Capital, Start-ups, Computers and the Internet, Securities and Commodities Violations, Stocks and Bonds, Frauds and Swindling, Accounting and Accountants, Software, HeadSpin Inc, HK FTX Trading Ltd (Futures Exchange), Theranos Inc, Manish Lachwani, Iconiq, GV