{"id":"tp-1971","type":"article-newspaper","title":"California resident sued for alleged $26M crypto Ponzi scheme","author":"Charissa Echavez","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/1971","datePublished":"2019-05-24T07:25:15.000Z","dateModified":"2019-05-24T07:25:15.000Z","language":"en","abstract":"The U.S. Securities and Exchange Commission (SEC) is suing a California resident for allegedly running a multimillion-dollar cryptocurrency Ponzi scheme.","section":"Regulation","references":[{"title":"Ponzi scheme","url":"http://tokenpost.com/Diamond-backed-cryptocurrency-Ponzi-scheme-shut-down-by-US-SEC-1948"},{"title":"federal securities","url":"http://tokenpost.com/US-SEC-releases-regulatory-guidance-for-crypto-token-issuers-1594?fbclid=IwAR0VynKs-qXNxUMfzjczNtkVDFWN5r18ahcp3pPzNQfP2oMVABCC1Srt-6o"}]}