US SEC files first lawsuit against a Defi Project for $30 Million Fraud

Source: Coingape
Source Tags: DeFi News, News, Regulation News, Defi, Defi money market, ETHAUD, ETHBKRW, ETHBRL, ETHBTC, ETHBUSD, ETHDAI, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, SEC
Related Cryptocurrency: ETH
   Sentiment: Negative Estimated reading: 2 minutes

Summary

The US Securities and Exchange Commission (SEC) has charged two Florida men, Gregory Keough, Derek Acree, and their Cayman Island company, Blockchain Credit Partners against unregistered offerings and sales of over $30 million through the Defi system and smart contracts. Additionally, the respondents are also accused of misleading investors concerning the operations and profitability of
The post US SEC files first lawsuit against a Defi Project for $30 Million Fraud appeared first on Coingape.

 

Rank Coin Price (USD) 24h low 24h high %1h %24h %7d %14d %30d Last 7 Days