Published 2 months ago

SEC charges 17 individuals for alleged $300 million Ponzi scheme targeting Latino community

The SEC charged 17 individuals for their involvement in a $300 million crypto Ponzi scheme targeting predominantly Latino investors.
The scheme centered around CryptoFX LLC, affecting 40,000 investors in multiple states and countries.
The defendants used funds for personal gain, misleading investors on returns and misappropriating most of the raised $300 million.

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The Hill

SEC charges 17 individuals for alleged $300 million Ponzi scheme targeting Latino community

The Securities and Exchange Commission (SEC) charged 17 people for their alleged roles in a $300 million Ponzi scheme that targeted more than 40,000 predominantly Latino investors, according to a complaint filed in federal court in Houston, Texas on Thursday. The complaint follows the SEC’s emergency action in September 2022 that halted the company accused of carrying out the scheme, CryptoFX, and charged the two alleged main actors involved, Ma…

2 months ago·Washington, United States

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Coin Desk

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.

2 months ago·Manila, Philippines

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Investing.com

SEC charges 17 in $300 million Crypto Ponzi scheme targeting latinos By Investing.com

SEC charges 17 in $300 million Crypto Ponzi scheme targeting latinos

2 months ago

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sec.gov

SEC Charges 17 Individuals in $300 Million Crypto-Asset Ponzi Scheme Targeting the Latino Community

2 months ago

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The Block

SEC charges 17 people in $300 million crypto Ponzi scheme targeting Latino investors

The SEC charged 17 people for their roles in an alleged $300 million Ponzi scheme that targeted predominantly Latino investors.

2 months ago

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The Crypto Times

SEC Charges 17 Individuals in $300M CryptoFX Ponzi Scheme

SEC charges 17 individuals for their roles in a $300M Ponzi scheme involving CryptoFX LLC, targeting over 40,000 predominantly Latino investors.

2 months ago

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SEC charges 17 individuals for alleged $300 million Ponzi scheme targeting Latino community

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SEC charges 17 individuals for alleged $300 million Ponzi scheme targeting Latino community

SEC charges 17 individuals for alleged $300 million Ponzi scheme targeting Latino community

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

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

SEC charges 17 in $300 million Crypto Ponzi scheme targeting latinos By Investing.com

SEC charges 17 in $300 million Crypto Ponzi scheme targeting latinos By Investing.com

SEC Charges 17 Individuals in $300 Million Crypto-Asset Ponzi Scheme Targeting the Latino Community

SEC Charges 17 Individuals in $300 Million Crypto-Asset Ponzi Scheme Targeting the Latino Community

SEC charges 17 people in $300 million crypto Ponzi scheme targeting Latino investors

SEC charges 17 people in $300 million crypto Ponzi scheme targeting Latino investors

SEC Charges 17 Individuals in $300M CryptoFX Ponzi Scheme

SEC Charges 17 Individuals in $300M CryptoFX Ponzi Scheme

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