The SEC is cracking down on fake crypto platforms that use social media to scam investors

The US Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams targeting the Nanobit and Coinw6 platforms. Involving fake relationships to defraud victims via social media, these schemes fleeced millions from unsuspecting investors. The charges mark the SEC’s first enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action (…)