SEC charges BG Wealth and DSJ Exchange over alleged $130 million crypto fraud
The SEC charged BG Wealth and DSJ Exchange with running an alleged $130 million crypto fraud, saying investors lost more than $100 million. The agency claims the firms promised risk-free trading returns and used false filings to suggest they had SEC approval. The case reinforces regulatory scrutiny of crypto investment schemes and could weigh on retail confidence in unregistered platforms.
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1H AGOYou’re reading thisSEC charges BG Wealth and DSJ Exchange over alleged $130 million crypto fraudThe Defiant · Score 72
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3H AGOSEC · Score 55 · via $130M, SEC charges