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SEC Charges Siblings in $124M Crypto Fraud Operation
- umeshunni 5y agoJust your weekly crypto fraud news item. Some recent ones: BitConnect: $2B https://www.sec.gov/news/press-release/2021-172 https://www.sec.gov/news/press-release/2021-172 MyMicroProfits.com and Social Profimatic: $3.6M https://www.sec.gov/news/press-release/2021-237 https://www.sec.gov/news/press-release/2021-237 Start Options and Bitcoiin2Gen: $11M https://www.sec.gov/news/press-release/2021-22 https://www.sec.gov/news/press-release/2021-22 Crowd Machine, Inc. and Metavine, Inc: $41M https://www.sec.gov/news/press-release/2022-3 https://www.sec.gov/news/press-release/2022-3 BlockFi: $100M https://www.sec.gov/news/press-release/2022-26 https://www.sec.gov/news/press-release/2022-26 And I could go on and on: https://www.sec.gov/news/press-release/2021-147 https://www.sec.gov/news/press-release/2021-147 https://www.sec.gov/news/press-release/2021-145 https://www.sec.gov/news/press-release/2021-145 https://www.sec.gov/news/press-release/2021-125 https://www.sec.gov/news/press-release/2021-125
- lifeplusplus 5y agoIs there weekly newsletter for this
- Blackthorn 5y agoSort of. https://web3isgoinggreat.com/ https://web3isgoinggreat.com/
- drsnow 5y agobreaking news fraud is rampant in crypto it's not like fraud is rampant in every single money system
- FDSGSG 5y agoYep, https://www.sec.gov/news/pressreleases?aId=&combine=charges&year=All&month=All https://www.sec.gov/news/pressreleases?aId=&combine=charges&... Cryptocurrency is just more trendy so it gets more press release attention.
- cinntaile 5y agoThe BlockFi fine is not due to fraud.
- smoyer 5y agoNot that I'm a fan of Mark Zuckerberg but I was hoping this article was about the Winkelvoss twins. Other than that, I'm not sure why I keep reading these articles - it's a bit like rubber-necking while passing a car accident.