SEC Sues Touzi Capital in $95M Crypto Mining Fund Scandal

The U.S. Securities and Exchange Commission has filed a lawsuit against Touzi Capital, LLC and its managing member, Eng Taing, accusing the investment firm of misleading over 1,200 investors by falsely promising their funds would be used for cryptocurrency mining operations. Taing and Touzi Capital are accused of conducting unregistered securities offerings for their crypto asset mining funds... source: https://news.shib.io/2024/12/02/sec-sues-touzi-capital-in-95m-crypto-mining-fund-scandal/?utm_source=rss&utm_medium=rss&utm_campaign=sec-sues-touzi-capital-in-95m-crypto-mining-fund-scandal