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SEC charges 17 people in $300 million crypto Ponzi scheme targ | Crypto Calendar News

SEC charges 17 people in $300 million crypto Ponzi scheme targeting Latino investors

The Securities and Exchange Commission charged 17 people for their roles in an alleged $300 million crypto-related Ponzi scheme that targeted tens of thousands of predominantly Latino investors. The scheme involved Texas-based CryptoFX LLC and affected 40,000 investors in ten U.S. states and two other countries, the SEC said on Thursday in a statement.

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