The U.S. Securities Exchange Commission (SEC) is asking a court to freeze the assets of a cryptocurrency mining and multilevel marketing scheme that allegedly defrauded investors of $12 million. The SEC's complaint alleges...more
6/16/2020
/ Asset Freeze ,
Bitcoin ,
Bitcoin Mining ,
Cryptocurrency ,
Enforcement Actions ,
Investment Fraud ,
Investment Opportunities ,
Ponzi Scheme ,
Scams ,
Securities and Exchange Commission (SEC) ,
Virtual Currency
The SEC recently filed suit against Dropil, Inc. (“Dropil”), Jeremy McAlpine, Zachary Matar, and Patrick O’Hara, alleging the defendants had defrauded investors in an unregistered offerings of securities described by the...more