SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme

SEC Charges Australian 'Man Behind the Machine' in $41M Crypto Fraud SchemeThe U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection with an unregistered offer and sale of digital asset securities.” ‘Man Behind the […]

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US SEC Charges Man With Defrauding Crypto Investors in Two Digital Asset Securities Offerings

US SEC Charges Man With Defrauding Crypto Investors in Two Digital Asset Securities OfferingsThe U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake names, fictitious entities, and fraudulent profiles to perpetrate his schemes, and misappropriated nearly all of the investor funds that were raised.” Two Fraudulent Crypto Schemes The SEC announced Thursday that it […]

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South African Crypto Token Holders Concerned About Status of Funds, Unable to Withdraw as Promised

A group of South African cryptocurrency investors have voiced concerns about the fate of their investment in the Fight to Fame (F2F token) after they reportedly were unable to withdraw their funds as promised. Token Sale Attracts Over 2,000 Applicants According to an IOL report, the investors had invested in a token that was promoted […]

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