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SEC Halts Crypto Ponzi Operation Targeting Latino Investors

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cryptonews.com

The U.S. Securities and Exchange Commission (SEC) has filed an emergency action to stop an ongoing crypto Ponzi scheme targeting Latino investors.

According to an SEC press release, the scheme was being operated by defendants Mauricio Chavez and Giorgio Benvenuto through CryptoFX - a company Chavez founded and controlled.

Read more on cryptonews.com
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