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Article • 2 months ago

Alleged $200 Million Crypto Scheme Unveiled by SEC and US Prosecutors

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Alleged $200 Million Crypto Scheme Unveiled by SEC and US Prosecutors
Summary
  • Ramil Palafox is accused of misleading investors with false promises of returns from Bitcoin trading through his company, PGI Global.
  • The SEC is seeking a permanent injunction against Palafox, repayment of ill-gotten gains, and civil penalties.

Source: https://cointelegraph.com/news/sec-feds-lay-charges-200m-crypto-scheme

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