January 05, 2023 BY Steffy Bogdanova

SEC charges CoinDeal Crypto Scheme creator in a $45 million fraud

According to SEC, CoinDeal was never sold and no distributions were made to its investors. Furthermore, the defendants misappropriated millions of dollars of investor funds for personal use. Chandran even used the investment funds t buy cars, real estate, and a boat. Daniel Gregus, Director of the SEC’s Chicago Regional Office, said: We allege the…

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