SEC Sues Cryptocurrency Promoters Over Deal That Raised $2 Billion

SEC Sues Coinbase

Regulators sued a group of cryptocurrency promoters who helped raise over $2 billion from investors with the promise of 40% monthly returns, in one of the largest cases ever brought over digital assets. The Securities and Exchange Commission on Friday sued five individuals in Manhattan federal court over their promotion of BitConnect. The SEC said… Continue reading SEC Sues Cryptocurrency Promoters Over Deal That Raised $2 Billion