- The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide.
- The SEC alleged that Braga personally received at least 8,396 bitcoins of the amounts invested, Paradise received 238 bitcoins, Taylor received 735 bitcoins, and Tetreault received 158 bitcoins.
- The SEC alleged that Braga and Paradise violated the antifraud and securities registration provisions.
SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000…
