The Securities and Exchange Commission filed charges against the founder and three U.S. promoters of Trade Coin Club, alleging the crypto-trading membership club operated as a Ponzi scheme that raised 82,000 bitcoins, valued at $295 million in 2018, from investors around the world. The charges against four individuals, filed on Thursday in federal court in […]
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The two men are accused of engaging in a fraudulent scheme to inflate the parent company’s stock and attract new shareholders. Source link Source link
Read MoreThe agency raked in $6.4 billion in the latest fiscal year, as Chairman Gary Gensler focuses on high-profile cases and steep penalties for alleged misconduct. Source link Source link
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