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Cryptopolitan 2024-01-30 05:59:30

SEC charges leaders of HyperFund in $1.7B crypto pyramid scheme

The U.S. Securities and Exchange Commission (SEC) has taken legal action against two prominent figures connected to HyperFund, an alleged crypto pyramid scheme that raised over $1.7 billion. Sam Lee and Brenda Chunga, also known as Bitcoin Beautee, have been charged with promoting fraudulent “membership” packages, promising high returns to investors. The charges include fraud

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