Mining Capital Coin CEO accused of $62M investment fraud scheme Post author:MiamiCrypto Post published:May 9, 2022 Post category:Crypto Fraud / DOJ / mining capital coin / Multi-level marketing scheme / SEC “Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated. You Might Also Like Liquid Staking Activities and Tokens Are Not Securities, Says SEC August 6, 2025 IRS Special Agent on Crypto: ‘We See Mountains of Fraud in This Area’ January 28, 2022 SEC Welcomes New Chair Amid Crypto-Friendly Policy Shift April 10, 2025