SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors

The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action […]

Sep 18, 2024 - 06:00
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SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors
SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive InvestorsThe U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action […]

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