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SEC charges Florida man and company in alleged $22 million crypto mining fraud scheme

Source: The Block
SEC charges Florida man and company in alleged $22 million crypto mining fraud scheme

The defendants allegedly raised $22 million from more than 380 investors through a fraudulent crypto asset mining scheme.

CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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