SEC Gets Default Entry Against Crypto Ponzi Scheme Aides <https://www.law360.com/capitalmarkets/articles/1870868?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-08-19&read_main=1&nlsidx=0&nlaidx=11>
By Rachel Riley A Washington federal court entered an order of default against two accused Ponzi scheme promoters on Friday, after the U.S. Securities and Exchange Commission said the pair failed to address its allegations that they helped the creator of a purported cryptocurrency trading bot service scam investors out of $295 million. Order attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1870868?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-08-19&read_more=1&nlsidx=0&nlaidx=11> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1870868?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-08-19&read_later=1&nlsidx=0&nlaidx=11>
