SEC Freezes Assets of Crypto Trading Bot Operators in Alleged Ponzi Scheme
Submitted by Anonymous (not verified) on Wed, 08/28/2024 - 07:00
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, […]