SEC Charges 8 in $45M Crypto Investment Scheme: CoinDeal Founder Misused Funds
• The U.S. Securities and Exchange Commission has filed charges against eight individuals involved in a crypto scheme called CoinDeal. • CoinDeal’s perpetrators raised over $45 million by selling unregistered securities to investors and promised high returns. • CoinDeal founder Neil Chandran misused funds for personal expenses, including the purchase of cars, property, and a […]