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by: xpoolPosted on: April 24, 2025

Crypto Founder Charged: $200 Million Ponzi Scheme Target 90,000 Investors

The U.S. Securities and Exchange Commission (SEC) has filed charges against a cryptocurrency founder for orchestrating a massive $200 million Ponzi scheme. This case reveals the increasing vulnerability of the cryptocurrency market to fraud. Over 90,000 investors are believed to have been misled in this scam, highlighting the scale of the deception.

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  2. 72 Cryptocurrency ETFs Await SEC Approval: Awaiting Launch in U.S.
  3. SEC Takes Action Against Miami Crypto Firm Amidst Legal Battles
  4. SEC Files Charges Against Miami-Based Cryptocurrency Firm
Cryptocurrency Ponzi Scheme SEC

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