https://decrypt.co/118451/coindeal-scammers-nailed-by-sec-in-45-million-fraud-case
Today, four individuals were struck by the U.S. Securities and Exchange Commission because allegedly defrauded investors with a "fake cryptocurrency ponzi scheme."
The defendants are accused of falsely claiming access to blockchain technology that generates more than 500,000 times the return on investment for investors.
In reality, however, this is all nothing more than a fraudulent scheme to enrich themselves while deceiving tens of thousands of individual investors.
Beware of crypto investments that are too good to be true!!
