SEC Sues BKCoin For $100 Million Fraud Scheme & Ponzi-Like Payments – And Silvergate Is Involved

In its ongoing crackdown on the crypto space, the Securities and Exchange Commission has focused its attention on BKCoin Management, a Miami-based financial manager. The regulatory agency filed on Monday an emergency action against the firm and one of its principals, Kevin Kang, “in connection with a crypto asset fraud scheme.” The SEC said that … Continue reading SEC Sues BKCoin For $100 Million Fraud Scheme & Ponzi-Like Payments – And Silvergate Is Involved