June 14, 2025

SEC Charges Ramil Palafox With Operating $198 Million Ponzi-Style Crypto Scam Amid Increased Focus on Cryptocurrency Regulation

1 min read

The SEC has charged Ramil Palafox with a staggering $198 million Ponzi-style crypto scam, raising concerns over rising fraudulent activities in the crypto space. Palafox’s deceptive operation was structured as

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Source: CoinOtag

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