☠️ The SEC has accused three fake crypto exchanges and four "investment clubs" of online fraud, resulting in investors losing over $14 ,000,000.
The scheme was based on advertising on social media and WhatsApp groups with "experts," after which victims were directed to fake platforms where withdrawals were blocked under the pretext of additional fees.
According to the SEC, there was no real trading, and the money was transferred abroad through banks and crypto wallets.
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☠️ The SEC has accused three fake crypto exchanges and four "investment clubs" of online fraud, resulting in investors losing over $14 ,000,000.
The scheme was based on advertising on social media and WhatsApp groups with "experts," after which victims were directed to fake platforms where withdrawals were blocked under the pretext of additional fees.
According to the SEC, there was no real trading, and the money was transferred abroad through banks and crypto wallets.