The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto trading bot. Over 80 investors were defrauded by promises of high returns, while the funds were allegedly used for personal luxuries. The SEC seeks injunctions, […]
SOURCE: COIN TELEGRAPH
More Stories
XRP Price Watch: $2.20 Becomes the Battleground for Bulls and Bears
Report: Bank of America Eyes Stablecoin Launch Pending US Regulatory Approval
Sea of Red: Altcoins Bleed Billions, Crypto Market Sinks to $2.84 Trillion