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The SEC is charging a man for defrauding crypto investors out of at least $7 million
5 monthes ago | By Business Insider
The Securities and Exchange Commission headquarters. Andrew Kelly/Reuters
The SEC on Thursday charged a Latvian citizen with defrauding at least $7 million from retail cryptocurrency investors.
The agency filed a civil complaint against Ivars Auzins for running two fraudulent digital asset securities offerings.
Auzins was behind an initial coin offering and a purported digital asset cloud mining program.
The Securities and Exchange Commission said Thursday it has charged a man for defrauding at least $7 million from hundreds of investors via two fraudulent offerings for digital asset...
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