SEC Faces Mounting Pressure from Lawmakers to Back Off Crypto Industry
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SEC Charges Two Brothers Over Alleged $60 Million Crypto Ponzi Scheme

On Monday, the U.S. Securities and Exchange Commission charged two brothers for allegedly defrauding over 80 investors for over a year in an alleged $60 million crypto Ponzi scheme. The SEC secured “emergency asset freezes” against Jonathan Adam from Angleton, Texas, and his brother Tanner Adam from Miami, Florida, as well as their businesses, GCZ Global LLC and Triten Financial…

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