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The post Hawaiian Resident Charged by SEC Over Crypto Market Manipulation! appeared first on Coinpedia Fintech News
The US Securities and Exchange Commission (SEC) has filed lawsuit against Jeremy Koski of Hawaii over allegations of market manipulation and false crypto conversion promises. According to the SEC, Koski fabricated press releases suggesting that a publicly traded security fund would convert to cryptocurrency. Koski faces charges of violating federal laws that prohibit fraud in the offer or sale of securities and manipulation of the markets. The SEC has warned investors to be cautious when investing in digital assets and urged them to research carefully before making any investment plans.
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