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SEC Charges Florida Man and His Firm in $22 Million Crypto Mining Fraud

Covered by 2 sources · 2 articles

2 outlets - including Theblock and Bitcoinworld - are covering this story. The defendants allegedly raised $22 million from more than 380 investors through a fraudulent crypto asset mining scheme.

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SEC charges Florida man and company in alleged $22 million crypto mining fraud scheme
The Block Jul 21, 02:37 UTC

SEC charges Florida man and company in alleged $22 million crypto mining fraud scheme

The defendants allegedly raised $22 million from more than 380 investors through a fraudulent crypto asset mining scheme.

SEC Charges Florida Man and His Firm in $22 Million Crypto Mining Fraud
Bitcoin World Jul 20, 16:40 UTC

SEC Charges Florida Man and His Firm in $22 Million Crypto Mining Fraud

BitcoinWorld SEC Charges Florida Man and His Firm in $22 Million Crypto Mining Fraud The U.S. Securities and Exchange Commission (SEC) has filed charges against Florida resident Zan Shaikh and his company, Mining Automatic, alleging they or…