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Real-estate executive Kent Swig unveiled a new cryptocurrency called digau last month.
One of the parties involved in the creation of the coin is Apache Mill Tailings.
Nevada authorities have alleged it tried to sell securities illegally to fund a purported COVID-19 cure.
Kent Swig is a once prominent New York City real-estate executive trying to reinvent his career after a financial meltdown a decade ago.
Gary Wayne Walters is a felon with multiple criminal convictions who is involved in a Nevada company that regulators in that state say tried to illegally raise money for an unproven COVID-19 cure last year.