Whistleblower News: SEC Charges Creator Of Global Crypto Ponzi Scheme And Three US Promoters In Connection With $295 Million Fraud, Glencore Fined $314 Million For ‘Endemic’ Bribery Of African Oil Officials

SEC Charges Creator of Global Crypto Ponzi Scheme and Three US Promoters in Connection with $295 Million Fraud


The Securities and Exchange Commission today announced charges against Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor, and Jonathan Tetreault for their roles in Trade Coin Club, a fraudulent crypto Ponzi scheme that raised more than 82,000 bitcoin, valued at $295 million at the time, from more than 100,000 investors worldwide. read more »

Glencore fined $314 million for ‘endemic’ bribery of African oil officials


Commodities giant Glencore (GLCNF) has been ordered to pay a record £281 million ($314 million) penalty by a UK court for bribing officials across Africa to gain access to oil. read more »