SEC Freezes Assets of Crypto Trading Bot Operators in Alleged Ponzi Scheme

[Bitcoin]

SEC Freezes Assets of Crypto Trading Bot Operators in Alleged Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto trading bot. Over 80 investors were defrauded by promises of high returns, while the funds were allegedly used for personal luxuries. The SEC seeks injunctions, […]

Source: SEC Freezes Assets of Crypto Trading Bot Operators in Alleged Ponzi Scheme