Kommunitas

<p>SEC has continued its crackdown on the crypto sector as it filed an emergency action against BKCoin for a $100 million crypto fraud scheme. The scheme took place for several years and the firm raised capital from 55 different investors for the purpose of investing in digital assets.   The press release specifically named BKCoin co-founder Kevin Kang and targeted how the firm utilized the raised capital. Specifically, Kang and BKCoin “used more than $3.6 million to make Ponzi-like payments to fund investors.” Additionally, stating, “Kang misappropriated at least $371,000 of investors’ money,” for the purposes of “vacations, sporting event tickets, and a New York City Apartment.”  </p><p>#KOMnews #kommunitas #sec #BKCoin #cryptoscheme #ponzischeme #fraud #cryptonews #cryptoupdate #blockchaintechnology</p>

SEC Takes Swift Action Against BKCoin For Crypto Fraud Scheme

kommunitas

发布于 2023年3月8日的其他文章

🦄 $ALGOBLK Trading Contest is live on Rigel Protocol

What Is Binance Pay?

Esports Organization TSM Signs On With Avalanche For New Gaming Subnet

DVT with SafeStake as an option to SEC censorship against ETH2 Staking

ThunderCore to Sponsor SushiSwap DeFi Kitchen Hackathon

Best 3 Centralized Exchanges to Buy Stacks

订阅我们免费的电子期刊，获取每日最新加密领域动态！