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SEC Charges Two Companies in $130 Million Crypto Trading Scheme

Bitcoin Magazine·October 30, 2026·1 min read
SEC Charges Two Companies in $130 Million Crypto Trading Scheme

The SEC has charged two companies with defrauding investors of over $130 million through a crypto Ponzi-like scheme. The charges were announced in a statement, marking another enforcement action in the crypto space. The companies allegedly misled investors with false promises of high returns.

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