barrons.com
Federal authorities have issued civil and criminal charges against the orchestrators and promoters of an alleged crypto pyramid scheme that defrauded investors out of nearly $2 billion.
The Securities and Exchange Commission has brought fraud charges against two leaders of HyperFund, a membership-based investment scheme that allegedly promised high returns from a nonexistent crypto-mining operation, raising more than $1.7 billion from investors around the world.
The...