US regulator accuses Latvian of being involved in $ 7million ICO scam

On December 4, the United States Securities and Exchange Commission (SEC) filed a complaint against a Latvian accused of plotting two digital transactions. The first is for digital debit cards and the second is for bulk fake gifts for mining project token sales. In a statement, the United States Securities and Exchange Commission said it has filed a complaint against Ivars Auzins in the eastern New York area. Executives say Auzins defrauded hundreds of investors of two unregistered digital assets, raising at least $ 7 million. Auzins accused him of using virtual organizations, false names and false personal information for the purposes of fraud. (Geek Corner)