The California Department of Financial Protection and Innovation accused nearly a dozen crypto and decentralized finance entities of operating like Ponzi schemes and violating state securities laws. T...
Tag: Ponzi scheme
Florida man pleads guilty to securities fraud charge in $100 million crypto Ponzi scheme
A Florida resident pleaded guilty to a securities fraud conspiracy charge in a case involving a crypto Ponzi scheme said to have netted as much as $100 million from customers. The Department of Justic...