SEC Charges 11 Individuals In $300 Million Forsage Ponzi Scheme

Summary: The U.S. SEC shared an update on the Forsage debacle. 11 individuals have been charged in connection with the alleged Ponzi scheme. Four of these persons are believed to be the co-founders of Forsage. Authorities claim that the Forsage team stole over $300 million from retail investors worldwide. Others charged by the agency include social media marketers and members of the promotions group, Crypto Crusaders. The news is the latest crackdown by the SEC as it tries to police […]