SEC Accuses Crypto Platforms and Investment Clubs of Fraud

According to BlockBeats, the U. S. Securities and Exchange Commission (SEC) has charged three cryptocurrency platforms and four investment clubs with orchestrating a coordinated fraud scheme, allegedly defrauding retail investors of at least $14 million. The regulatory body claims the operation utilized social media advertising, private messaging apps, and fake trading interfaces to deceive victims into believing they were investing through legitimate cryptocurrency channels source: https://www.binance.com/en/square/post/34121435062554?utm_source=BinanceNewsRSS