SEC Files Charges Against Digital Currency Ponzi Scheme Company

By October 5, 2015Bitcoin Business

digital currency ponzi scheme illustration. newsbtc bitcoin news The US Securities and Exchange Commission (SEC) filed fraud charges against the operator of an alleged digital currency Ponzi scheme. The US regulator also froze the assets of individuals connected with this purported scam.

According to the SEC press release , California resident Steve Chen and 13 California-based entities, including the US Fine Investment Arts, Inc (USFIA), are at the center of the alleged scheme. The complaint […]

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