5:59:23 PM PDT - Sunday, August 14th, 2022

SEC spears ‘Crypto Crusaders’ over alleged pyramid scheme  

By Editor - Mon Aug 01, 2:48 pm

U.S. regulators are seizing their moment during this ongoing crypto bear market to crack down on bad actors in the space as many investors are already souring on the asset class. The U.S. Securities and Exchange Commission charged 11 people today in connection with Forsage, a crypto project that raised over $300 million from “millions of retail investors worldwide,” the agency announced today . The individuals charged include the project’s four founders — Vladimir Okhotnikov, Jane Doe aka Lola Ferrari, Mikhail Sergeev, and Sergey Maslakov — who were last sighted in Russia, Georgia and Indonesia. Several members of the “Crypto Crusaders,” a group that promoted the scheme in at least five different U.S

Read the original:

SEC spears ‘Crypto Crusaders’ over alleged pyramid scheme

Leave a Reply

You must sign in to post a comment.