Source: Coindesk.com
The U.S. Securities and Exchange Commission sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims.
The defendants, who targeted the Latino community in 10 U.S. states and two other countries, convinced investors that their funds would be invested in crypto and other assets, but weren't, the SEC said
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The post "A $300M Ponzi Scheme That Targeted Latinos Falsely Claimed to Buy Crypto, SEC Says" appeared first here Coindesk.com.
Source: Coindesk.com
