Crypto Promoter Charged With Scamming Investors Out of Millions
The SEC alleges Ryan Ginster promised ‘astronomical’ returns of 8% per day.
Source: ai-cio.com
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SEC Says Fraudster Raised $3.6M In Crypto Investing Ploys
A California man fraudulently raised $3.6 million in bitcoin from investors but never generated the promised returns and funneled about $1 million worth for his own use, the U.S. Securities and Exchange Commission told a California federal court Thursday.
Source: law360.com