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Home›Crypto›Regulation›SEC charges Florida man and company in alleged $22 mil…

SEC charges Florida man and company in alleged $22 million crypto scheme

Prosecutors allege the scheme raised $22 million from more than 380 investors through a crypto asset mining operation.

Reported · Written up by our desk · Regulation

The SEC has charged a Florida man and a company in connection with an alleged crypto asset mining fraud scheme, according to The Block.

Prosecutors allege the defendants raised $22 million from more than 380 investors through the purported mining activity.

The charges center on claims that the fundraising involved fraudulent conduct tied to the crypto mining scheme.

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Sources

The BlockSEC charges Florida man and company in alleged $22 million crypto mining fraud scheme

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