SEC Uncovers $14M Crypto Scam That Lured Investors Through WhatsApp Groups

BitcoincomNews · 2025-12-24T10:49:54+00:00

U.S. regulators have charged seven entities in a large cryptocurrency scam that used social media to defraud investors, resulting in losses exceeding $14 million for retail investors.

BitcoincomNews

2025-12-24 10:49:54

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U.S. regulators have cracked down on a large crypto scam that used social media and messaging apps to lure unsuspecting investors. The Securities and Exchange Commission (SEC) has charged seven entities for allegedly running a coordinated scheme that siphoned more than $14 million from retail investors across the United States.

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