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SEC Slams Crypto Boss With Lawsuit—Alleges $198M ’Pump-and-Dump’ Scam

SEC Slams Crypto Boss With Lawsuit—Alleges $198M ’Pump-and-Dump’ Scam

Author:
decryptCO
Published:
2025-04-23 05:20:13
17
2

SEC Sues Crypto Executive Over Alleged $198 Million Scheme

The hammer drops: Regulators claim the exec orchestrated a classic crypto rug pull—investors left holding the bag while Lambo dreams evaporated. Another reminder that ’decentralized finance’ often just means ’unregulated Wild West.’

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