SEC Charges Ramil Palafox with $198 Million Crypto Trading Fraud
SEC charges Ramil Palafox with running $198M crypto fraud that misappropriated $57M for luxury purchases while deceiving 90,000 investors.
23 Apr 09:26 · Blockonomi
SEC Drops the Hammer on $198 Million Crypto Ponzi Scheme
SEC accuses Ramil Palafox of defrauding investors in PGI Global's $198 million Ponzi scheme, and has demanded civil penalties and restitution.
24 Apr 03:47 · CryptoPotato
SEC Sues Crypto Executive Over Alleged $198 Million Scheme - Decrypt
The SEC alleged PGI Global sold “membership packages” as unregistered securities amounting to $198 million.
23 Apr 05:20 · Decrypt
SEC charges CEO with nearly $200m crypto fraud scheme
The Securities and Exchange Commission accused PGI Global's CEO of orchestrating an international scheme that raised $198 million under false crypto exchange claims
23 Apr 08:34 · crypto.news
last updated on 24 Apr 06:45