Articles for tag: Bitcoin, cryptocurrency fraud, Digital Assets, impersonation, investment scams, investor protection, SEC

Market News

SEC Charges Trio in $2.9 Million Bitcoin Scam for Impersonating Securities Brokers

The U.S. Securities and Exchange Commission recently charged three Nigerian nationals for impersonating brokers in a scheme that scammed over $2.9 million from investors. The defendants created fake websites and used advanced technology, including voice-modification software, to gain trust and promote nonexistent trading expertise. They directed victims to invest in Bitcoin through legitimate platforms but ...

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