Many crypto investors have lost their funds in scams such as BKCoin. For instance, Bitcoinist reported that the DeFi sector recorded a whopping $678 million to hackers in the second quarter of 2022, c...
Tag: BKCoin
US SEC Alleges BKCoin and its Co-Founder for Running a $100 Million Crypto Scam
The US Securities and Exchange Commission (SEC) filed an emergency action against the Miami-based financial advisor firm – BKCoin Management LLC – and its Co-Founder Kevin Kang, claiming they have def...
SEC Levies Charges Against BKCoin for Fraud
The United States Securities and Exchange Commission (SEC) has filed an emergency action against Miami Investment Adviser, BKCoin Management LLC. In what comes as the latest in the series of enforceme...
Latest Action Targets Miami Firm BKCoin
The U.S. Securities and Exchange Commission is not wavering in its crypto regulation war as another week brings another enforcement action. On March 6, the SEC announced its latest emergency action ag...
Emergency Action Filed Against BKCoin Over $100M Fraud by SEC
7 seconds ago | 2 mins read Bitcoin News BKCoin collected almost $100 million from at least 55 investors. The defendants utilized over $3.6M in investor money to make Ponzi-like payments. For mastermi...
SEC Initiates Emergency Action Against BKCoin For Fraud Scheme
The Securities and Exchange Commission has initiated an emergency action against investment advisor BKCoin Management in connection with a crypto fraud scheme worth $100 million. According to the SEC...
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the str...
SEC Sues BKCoin For Alleged Fraud
The Securities and Exchange Commission (SEC) continues its enforcement actions against the crypto industry, filing an emergency action against Miami-based crypto hedge fund BKCoin and its principal Ke...
SEC Alleges BKCoin Collected From Crypto Investors, Ran Fraud Scheme
The SEC continued its enforcement spree on the crypto sector Monday by going after a Miami-based investment adviser the agency claims ran a fraud scheme. BKCoin Management raised roughly $100 mi...
SEC going after BKCoin and Kang over fraud allegations
The U.S. SEC has filed an emergency action against BKCoin Management LLC and its principal, Kevin Kang, for allegedly orchestrating a $100 million crypto fraud scheme. The SEC obtained an asset freez...
U.S. SEC Alleges BKCoin Founder Of Misusing Funds On Vacations, Properties
In its most recent round of enforcement actions, the U.S. Securities and Exchange Commission (SEC) has taken emergency action against a cryptocurrency hedge fund and one of its co-founders concerning ...
SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme
The SEC has accused Kang of misappropriating at least $371,000 in customer funds for his personal use, including paying for vacations, tickets to sporting events and rent on his New York apartment. Ac...
SEC files emergency action against BKCoin for raising $100M through crypto fraud
The United Securities and Exchange Commission (SEC) has filed an emergency action to seize the assets of Miami-based investment adviser BKCoin Management LLC and its principal Kevin Kang for their con...
SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud
The United States Securities and Exchange Commission, or SEC, has targeted an investment adviser and individual allegedly connected to a $100-million cryptocurrency fraud in its latest enforcement act...