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SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

April 26, 2024 by DIGIT
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The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.

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Categories BTC miner, crypto mining, geosyn, geosyn mining, Lawsuit, Regulation, SEC, Sues
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  • bitcoinBitcoin(BTC)$87,616.000.13%
  • ethereumEthereum(ETH)$2,940.190.52%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$862.182.67%
  • rippleXRP(XRP)$1.860.73%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$124.220.85%
  • tronTRON(TRX)$0.2842180.77%
  • staked-etherLido Staked Ether(STETH)$2,939.920.53%
  • dogecoinDogecoin(DOGE)$0.1239830.87%
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  • bitcoinBitcoin(BTC)$87,616.000.13%
  • ethereumEthereum(ETH)$2,940.190.52%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$862.182.67%
  • rippleXRP(XRP)$1.860.73%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$124.220.85%
  • tronTRON(TRX)$0.2842180.77%
  • staked-etherLido Staked Ether(STETH)$2,939.920.53%
  • dogecoinDogecoin(DOGE)$0.1239830.87%