"They're not at the top of the chain of alleged bad guys. They should have something to trade in exchange for leniency," Nicholas Duston, an attorney who represents clients in securities investigations, said of the three defendants.
June 16, 2021 at 05:16 PM
5 minute read
The U.S. Securities and Exchange Commission has accused three people of involvement in a $30 million cryptocurrency investment scam.
According to the SEC, the defendants sold tokens to investors that were held out as investments in emerging technologies. But the business ventures failed, resulting in losses to investors in the United States and abroad who purchased the tokens, according to the complaint filed in a New Jersey federal court.
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Back view of a hacker wearing a hoodie and stealing bitcoins on a laptop screen.
