Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit’s dismissal, arguing the regulator has no authority over crypto.
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Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit’s dismissal, arguing the regulator has no authority over crypto.
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The SEC said Green United’s operation was a fraud and the community was quick to quell fears of the SEC classing crypto mining as a security in the suit.
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