18m

Security Laws Are Not Ready For The Digital Era4

Defendants in $18m fraud lawsuit argue SEC lacks authority over crypto

0xMain
May 23, 2023

18m, argue, authority, Crypto, Defendants, fraud, Hacking, lacks, lawsuit, SEC

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Two individuals charged with orchestrating an alleged fraudulent cryptocurrency mining scheme amounting to $18 million have moved to dismiss the lawsuit filed against them by the United States Securities...

SEC sues Utah-based Green United over $18m crypto mining scam

0xMain
March 7, 2023

18m, Crypto, green, Hacking, mining, scam, SEC, sues, United, Utahbased

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Utah-based firm Green United, accusing the company of violating federal securities laws by selling $18 million worth of fake cryptocurrency mining equipment. According to the SEC, Green United and its founder,...