The SEC has charged BG Wealth and DSJ over alleged crypto fraud involving false SEC filings. According to the complaint, the firms raised more than $130 million from investors and caused losses exceeding $100 million.
BG Wealth allegedly promised investors returns of at least 60% per month as part of the scheme. The SEC's charges center on the use of fraudulent regulatory filings to lure investors into the crypto-related offerings.
SEC Charges BG Wealth and DSJ in Crypto Fraud Scheme With Over $100M in Investor Losses
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