SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token

SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token

0.20%LINK$9.47 0.80%DOGE$0.09705 1.80%ADA$0.2542 1.48%BTC$76,568 1.11%XLM$0.1699 0.27%SOL$87.59 1.18%XRP$1.44 0.07%BCH$449.67 0.10%ETH$2,375 0.77%HYPE$44.81 1.40%TRX$0.3274 1.01%BNB$636.05 0.54%USD Written by Amin Haqshanas,Staff WriterReviewed by Bryan O'Shea,Staff EditorSEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token2 hours agoThe SEC has sued crypto executive Donald Basile over an alleged $16 million scheme involving false claims about an “insured” Bitcoin Latinum token. The US Securities and Exchange Commission has filed a lawsuit against crypto executive Donald Basile, accusing him and two companies he controlled of raising about $16 million from investors through false claims tied to a so-called “insured” crypto token known as Bitcoin Latinum. In a complaint filed Friday in the US District Court for the Eastern District of New York, the SEC alleged that Basil

Source: https://cointelegraph.com/news/sec-donald-basile-16m-crypto-fraud-insured-token?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound