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6 Individuals Charged in Cryptocurrency Fraud Offenses

The federal government charged six defendants in four separate criminal cases for their alleged involvement in cryptocurrency fraud, DOJ said Thursday. They were charged in cases involving “the largest known Non-Fungible Token (NFT) scheme charged to date, a fraudulent investment…

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fund that purportedly traded on cryptocurrency exchanges, a global Ponzi scheme involving the sale of unregistered crypto securities, and a fraudulent initial coin offering,” DOJ said. The Justice Department joined with the FBI and Department of Homeland Security in the enforcement action.