U.S. SEC Continues Crypto Crack Down; Charges BKCoin For Runni | Crypto Coffee Can
U.S. SEC Continues Crypto Crack Down; Charges BKCoin For Running “Ponzi-like Scheme”
In its most recent round of enforcement actions, the U.S. Securities and Exchange Commission (SEC) has taken emergency action against a cryptocurrency hedge fund and one of its co-founders concerning an alleged $100 million crypto fraud. On Monday, a Florida court granted the financial watchdog emergency relief to freeze assets of the Miami-based BKCoin and its co-founder Kevin Kang.
