SEC Wins $1.1 Million Judgment in Crypto Fraud Case Against Keith Crews

The U.S. Securities and Exchange Commission (SEC) secured a significant legal victory with a $1.1 million judgment against Keith Crews, accused of orchestrating a cryptocurrency scam. A federal judge in Georgia issued a default judgment on June 3, 2025, after Crews failed to respond to the SEC’s lawsuit filed in August 2023. Judge Tiffany Johnson ordered Crews to pay over $1.1 million in penalties, including disgorgement of his $530,000 net profits from the alleged fraud and a civil penalty of $530,000. The judge also banned him from future violations of securities laws.