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459 U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform

CoinDesk
Amitoj Singh @ CoinDesk · 08/27/2024 02:19 EDT

U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform

The U.S. Securities and Exchange Commission (SEC) has charged brothers Jonathan and Tanner Adam of attempting to defraud more than 80 investors with a $60 million Ponzi scheme involving a crypto asset trading platform, it announced on Monday.

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