The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.
Source: https://cointelegraph.com/news/sec-sues-bitcoin-miner-geosyn-fraud-allegations
The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.
Source: https://cointelegraph.com/news/sec-sues-bitcoin-miner-geosyn-fraud-allegations