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Nalezeno "$60 million fraud": 27

SEC charges Unicoin and executives for alleged $100 million fraud


The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors.The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board...

SEC charges Unicoin crypto platform over alleged $100 million fraud


Update May 21, 4:32 am UTC: This article has been updated to add more information from the SEC’s complaint.The US Securities and Exchange Commission has sued crypto investment platform Unicoin and three of its executives, alleging they made false and misleading statements about their crypto...

Online Crypto Course Founder Faces SEC Charges in $1.2 Million Fraud Case


The founder of the American Bitcoin Academy was charged with crypto fraud by the Securities and Exchange Commission on February 2. In a press release published by the SEC, the agency noted that Brian Sewell, founder of American Bitcoin Academy, convinced his students to invest in a crypto hedge...

Former Bithumb Chairman Acquitted in $100M Fraud Case in Second Trial


The former chairman of Bithumb Holdings and Bithumb Korea, Lee Jeong-hoon, has been acquitted for the second time in the $100 million fraud case. The recent decision by the 5th Criminal Division of the Seoul High Court follows Lee’s earlier acquittal in January 2023 on comparable charges...

Trump Lawyer Sports Gamer Laptop At $250 Million Fraud Trial


Today is the first day of former president Donald Trump’s $250 million fraud trial in New York. A case brought by the state’s attorney general accuses the Republican primary frontrunner of lying about his net worth by billions of dollars to try to secure more favorable loan terms. One of...

Israeli Police Accuse Crypto Businessman Moshe Hogeg of $290 Million Fraud


Following a two-year long investigation, police have alleged that Israeli tech entrepreneur Moshe Hogeg defrauded investors of $290 million. Hogeg and several of his partners are accused of spending the money they collected from Israeli and foreign investors for crypto ventures to lead...

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