SEC Charges Bitcoin Latinum Founder Donald Basile With $16 Million Investor Fraud

TLDR: The SEC charged Donald Basile and two companies over a fraudulent $16 million Bitcoin Latinum SAFT offering. Basile falsely claimed LTNM was the world’s first insured digital asset with up to $1 billion in coverage. Millions in investor funds were allegedly misused for real estate, credit card bills, and a $160,000 horse. The SEC [...]

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