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SEC calls HyperFund a $1 7bn fraudulent pyramid scheme

The two founders of HyperFund have been accused of guaranteeing high returns to investors, despite the fact the company had ‘no real source of revenue’. The…

SEC Charges Masterminds of $1 7 Billion HyperFund Crypto Scheme

DOJ and SEC unveil charges in $1 9 billion cryptocurrency fraud scheme

SEC Charges Founder of $1 7 Billion HyperFund Crypto Pyramid Scheme and Top Promoter with Fraud

The Securities and Exchange Commission today charged Xue Lee (aka Sam Lee) and Brenda Chunga (aka Bitcoin Beautee) for their involvement in a fraudulent…

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