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U.S. SEC Charges Crypto Firms Over ¥2.2 Billion Investor Fraud

The U.S. Securities and Exchange Commission (U.S. markets regulator) has filed charges against cryptocurrency-related companies accused of defrauding individual investors out of approximately ¥2.2 billion.

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Terms & Concepts
  • U.S. Securities and Exchange Commission (SEC): The primary U.S. regulator overseeing securities markets, responsible for enforcing laws and protecting investors.
  • Cryptocurrency: A type of digital or virtual currency secured by cryptography and often operating on decentralized blockchain networks.