Utah crypto ‘brokers’ were ‘showering themselves’ in cash from $50M fraud, SEC alleges
The company’s leaders lied about “virtually every aspect” of business, the SEC said, and were “showering themselves and their friends with cash.”
(Andrew Harnik | AP file photo) This Aug. 5, 2017, file photo, shows the U.S. Securities and Exchange Commission building in Washington, D.C. The Salt Lake Regional Office has accused a Utah company of running a $50 million crypto fraud scheme.