SEC Freezes Co.'s Assets Over Alleged $49M Crypto Fraud

By Katryna Perera (August 3, 2023, 6:29 PM EDT) -- The U.S. Securities and Exchange Commission said Thursday it has obtained a temporary asset freeze, restraining order and other emergency relief against a Utah-based entity, its four principals and 13 other defendants in connection with an alleged fraudulent scheme that sold cryptocurrency asset securities to investors and raised approximately $49 million....

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