CoinRank

U.S. SEC CRACKS DOWN ON AI-THEMED CRYPTO SCAMS, INVESTORS LOSE $14 MILLION

2025-12-24 20:00:00 3 hours ago CoinRank

CONTENT

The U.S. Securities and Exchange Commission (SEC) has charged three crypto platforms and four investment firms, alleging they colluded to defraud retail investors of up to $14 million.

According to the complaint, the defendants used social media to lure investors into fake trading activities, while no real transactions actually took place.

WRITER’S INTRO

CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it's blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.