SEC charged 17 people in a $300 million Ponzi scheme targeting Latino investors involving CryptoFX. Defendants promised high returns but mostly used funds to sustain the scheme and finance their…
Browsing: Ponzi scheme
The SEC alleges these individuals were running a standard pyramid and Ponzi scheme. Forsage has also had issues with authorities in other regions. The US Securities and Exchange Commission (SEC)…
Crypto scam hit a new level with new data showing Australians lost $70 million in the first six months of the year. Loses to investment scams involving Bitcoin was 17.8…