$650 Million Crypto Fraud: SEC Cracks Down with Lawsuit
After reports of another crypto fraud, the US SEC has filed a lawsuit against a crypto company called NovaTech and its co-founder couple. According to the SEC( US Security and Exchange Commission), the founding couple raised over $650 million from around 200,000 investors worldwide, including many Haitian-Americans. The SEC mentioned that the co-founders Cynthia and…
John David
US SEC Approved Bitcoin ETF: What Is In There For You?
The Security and Exchange Commission of the USA gave the green signal for the Bitcoin ETF (Exchange Traded Fund) on January 10, 2024, to safeguard investors from fraudulent activities. It has already given its nod to applications made by some of the major asset management companies, such as Blackrock, Fidelity, Invesco, Ark Investments, and VanEck,…