The SEC lawsuit alleges that Sam Lee, an Australian founder who lives in the United Arab Emirates, and Brenda “Bitcoin Beutee” Chunga, a promoter of the business from Maryland, cheated investors with this “pyramid and Ponzi scheme.” Chunga agreed to settle the SEC accusations, the agency said.
Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'
The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies....