News

SEC Seeks Trial of Swedish National Over Alleged Fraud That Took $3.5M in Crypto

  • Sebastian Sinclair--CoinDesk
  • published date: 2020-09-30 09:37:49 UTC

The man is alleged to have fleeced 2,200 victims in the U.S. and 45 other countries, netting $3.5 million via payments in bitcoin and other digital assets.

The U.S. Securities and Exchange Commission (SEC) is demanding the trial by jury of a Swedish national for his alleged involvement in an international fraud that raked in millions in cryptocurrency. … [+1870 chars]