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by: xpoolPosted on: April 23, 2025

SEC Charges Crypto Executive with $198 Million Fraud

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against a prominent crypto executive, alleging they orchestrated a fraudulent scheme that defrauded investors of an estimated $198 million. The SEC claims the executive misrepresented the company’s financial stability and investment safety to lure unsuspecting investors into their platform.

Related posts:

  1. Over $200M Crypto Scam: SEC Charges Man Behind
  2. SEC Files Charges Against Ramil Palafox; $198M Crypto Ponzi Scheme Alleged
  3. SEC Warns Influencers, Celebs Against Promoting Unverified Investments: 10-Year Jail Time Threatens Fraudsters
  4. Cryptocurrency Project Founder Arrested for Mishandling Investor Funds
Cryptocurrency Fraud SEC

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