Learning from the SEC’s Crypto Scam Lawsuit
The SEC’s recent lawsuit against a $14 million-plus crypto scam is a wake-up call. Seriously, it’s a harsh reminder of the dangers lurking in the crypto scene and why compliance is not just an option, but a must. Here’s what you need to know about the SEC’s role in investor protection, the hurdles for crypto payroll in the U.S., and what businesses can do to steer clear of scams while pushing innovation forward.
Crypto Scams and the SEC’s Involvement
The SEC has officially targeted a massive investment scam that allegedly preyed on social media users. This lawsuit isn’t just a slap on the wrist; it’s an extensive action against several fraudulent entities. The SEC named Morocoin Tech Corp., Berge Blockchain Technology Co.,…
