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 Chamber of Digital Commerce opposes SEC’s overreach in Binance lawsuit October 20, 2023 VeChain Kicksoff $15M StarGate Staking Program After SEC’s Staking Clarity July 1, 2025 ‘The SEC has violated due process’ — Coinbase CLO on motion to dismiss lawsuit August 4, 2023