The SEC just charged 5 people with scamming $45 million from investors by promising unique blockchain tech that would be sold for trillions of dollars

Jan 5 2023 by Business Insider

 

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The SEC charged five people and two businesses with scamming investors out of $45 million.The  investment scheme promised impossibly high returns based on the trillion-dollar sale of blockchain technology.The alleged scammers used the $45 million to buy cars, real estate, and a boat.

Another alleged crypto scam was revealed on Wednesday when the Securities and Exchange Commission charged a group of individuals and several businesses with defrauding investors out of...

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