SEC Cracks Down on a Crypto Ponzi Scheme

Published on
August 2nd, 2022
33 minutes

SEC Cracks Down on a Crypto Ponzi Scheme

Crypto Daily Briefing ·
Featuring Ash Bennington, Moritz Seibert and Kai Wu

Published on: August 2nd, 2022 • Duration: 33 minutes

U.S. regulators are tightening the screw on crypto scams, with the Securities and Exchange Commission filing civil charges against 11 people involved in a scheme called Forsage. The regulators allege the primary way retail investors in the scheme, worth some $300M, made money was through attracting new people on board. Real Vision's Ash Bennington and Moritz Seibert also look at a new global crypto regulation index (guess what country came out on top?) and the jewelry maker Tiffany tying the knot with CryptoPunks in an NFT collaboration. Plus, Ash asks Moritz to do a deep dive into his interview with Kai Wu, all about value investing in the crypto space, with key takeaways at the end. Send us your questions in the chat!