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SEC has no authority over crypto, defendants argue in $18M fraud lawsuit

Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit's dismissal, arguing the regulator has no authority over crypto.

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SEC has no authority over crypto, defendants argue in $18M fraud lawsuit

Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit's dismissal, arguing the regulator has no authority over crypto.

Why this matters

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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Read on Cointelegraph

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