Finance Magnates - US Regulator Charges Latvian Man for $7 Million Crypto Fraud

https://www.financemagnates.com/cryptocurrency/news/us-regulator-charges-latvian-man-for-7-million-crypto-fraud/
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The U.S. Securities and Exchange Commission (SEC) has charged a man with defrauding investors out of over $7 million through two fraudulent digital asset securities offerings.

In the first, Auzins lied to investors that they could invest their digital assets in cloud mining services.

Second, he lied to investors that they could store Denaria coins as digital assets in a secure wallet or use them just like any other debit card.

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