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SEC Charges Crypto Firm Green United, Founder And Promoter With Unregistered Securities Offering

The Securities and Exchange Commission (SEC) has charged Green United, LLC, its founder Wright W. Thurston, and a promoter, Kristoffer A. Krohn, with

SEC accuses Utah firm of fraudulent $18M crypto mining scheme

The SEC claimed Green United’s mining operation was faked, and language in its lawsuit against the firm spooked the community into thinking the regulator classed crypto mining as a securities investment contract.

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