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7 months ago
SEC Charges Adam Brothers in $60 Million Cryptocurrency Ponzi Scheme Involving Tether Coinotag 28 Aug 2024

SEC Charges Adam Brothers in $60 Million Cryptocurrency Ponzi Scheme Involving Tether

The SEC has charged the Adam Brothers in a $60 million cryptocurrency Ponzi scheme involving Tether, highlighting the need for investor vigilance in the crypto space.

SEC Charges Two Brothers Over Alleged $60 Million Crypto Ponzi Scheme Decrypt 28 Aug 2024

SEC Charges Two Brothers Over Alleged $60 Million Crypto Ponzi Scheme

The SEC accuses the Adam brothers of defrauding investors by claiming their funds would be placed in a lending pool to fund “flash loans.”