SEC: Crypto fraudsters raised $300M with “textbook pyramid and Ponzi scheme”
Getty Images | SimoneN The US Securities and Exchange Commission yesterday filed a lawsuit against 11 people accused of creating and promoting a crypto pyramid and Ponzi scheme known as “Forsage.” The fraudulent scheme “raised more than $300 million from millions of retail investors worldwide, including in the United States,” the SEC’s announcement said. The …
SEC: Crypto fraudsters raised $300M with “textbook pyramid and Ponzi scheme” Read More »
