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.”
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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.”
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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