DeFi Company In Trouble As SEC Launches Charges For $30 Million Fraud

Author: Ali Raza
Source Tags: Crypto news
   Sentiment: Negative Estimated reading: 2 minutes

Summary

The Securities and Exchange Commission has already started acting against fraudulent schemes in the decentralized Finance space. The regulator has charged a Cayman Islands firm and two of its executives for reportedly selling over $30 million worth of securities to investors via unregistered orderings. According to the SEC, the accused misled the investors regarding the […]