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A $300M Ponzi Scheme That Targeted Latinos Falsely Claimed to Buy Crypto, SEC Says

The SEC charged 17 individuals tied to the scheme that allegedly scammed more than 40,000 victims.

SEC Enforcement Director Gurbir Grewal (right) (Nikhilesh De/CoinDesk)
SEC Enforcement Director Gurbir Grewal (right) (Nikhilesh De/CoinDesk)