SEC charges 11 individuals over $300M crypto ‘pyramid scheme’

By Cointelegraph - 1 year ago - Reading Time: 1 minutes

SEC charges 11 individuals over $300M crypto ‘pyramid scheme’

SEC has filed a lawsuit in the U.S. District Court against the founders and promoters of Forsage, who allegedly fueled a $300 million “textbook pyramid and Ponzi scheme.”

Original source: Cointelegraph