SEC charges 11 individuals over $300M crypto ‘pyramid scheme’ Post author:MiamiCrypto Post published:August 2, 2022 Post category:Carolyn Welshhans / charge / Forsage / Lawsuit / Pyramid Scheme / Securities and Exchange Commission SEC has filed a lawsuit in the U.S. District Court against the founders and promoters of Forsage who allegedly fueled a $300 million “textbook pyramid and Ponzi scheme” You Might Also Like $4B OneCoin scam co-founder pleads guilty, faces 60 years jail December 19, 2022 Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto June 14, 2022 Binance wins dismissal of class action over 2018 tokens that tanked April 1, 2022