He <-bsp-bb-link state="{"bbHref":"bbg://securities/4131761Z%20US%20Equity","_id":"0000018d-57f0-d52b-a3af-f7f6bd450000","_type": "0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Department of Justice-bsp-bb-link> announces charges against individuals for orchestrating a $1.89 billion cryptocurrency fraud scheme, according to a statement.
- โDefendants falsely represented that investors would receive substantial returns paid for cryptocurrency mining operations, which in reality did not exist,โ Acting Deputy Attorney General <-bsp-person state="{"_id":"0000018d-57f0-d52b-a3af -f7f6bd470000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Nicole M. Argentieri-bsp-person>says in statement
- Sam Lee, 35, an Australian citizen residing in Dubai, was charged with allegedly co-founding HyperFund, also known as HyperTech, HyperCapital, HyperVerse and HyperNation, the Department of Justice says.
- Rodney Burton was charged with one count of conspiracy to operate a money transmission business without a license, one count of operating a money transmission business without a license...
