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Crypto & Bitcoin

SEC Charges BG Wealth and DSJ Exchange Over Alleged $130M Crypto Scheme

Reported by NewsBTC

Image: NewsBTC

TL;DR: The SEC alleges BG Wealth and DSJ Exchange raised more than $130 million using false filings and trading claims. The civil complaint is an allegation, not a final judgment. The US Securities and Exchange Commission has brought a civil case against BG Wealth Sharing and DSJ Exchange, alleging that the businesses used official-looking filings to help sell an investment program built around purported crypto trading signals. An October 30 litigation release details the complaint filed on October 29.

This is an excerpt. The reporting belongs to NewsBTC.

Read the full report on newsbtc.com
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