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CoinDesk

2023-01-04 23:18:04

SEC Pursues $45M Scam Based in Fake Blockchain Technology

SEC Pursues $45M Scam Based in Fake Blockchain Technology

The U.S. Securities and Exchange Commission (SEC) accused alleged fraudster Neil Chandran and several others for orchestrating a scheme to get cash from tens of thousands of investors globally on the false promise that they were securing a lucrative deal to sell blockchain technology.

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