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coinpedia 2023-08-04 04:55:08

SEC Freezes Assets of Crypto Mining Firm in Connection with $50 Million Fraud Scheme!

The post SEC Freezes Assets of Crypto Mining Firm in Connection with $50 Million Fraud Scheme! appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has taken urgent action against Digital Licencing Inc., a cryptocurrency mining firm, freezing its assets and obtaining a restraining order. The SEC has accused Digital Licencing and its principals of committing fraud and raising $50 million, as well as undisclosed amounts of Bitcoin and Ethereum, through a fraudulent …

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