1. SEC Sues Crypto Exec Donald Basile Over $16M 'Insured' Bitcoin Latinum Fraud
The U.S. Securities and Exchange Commission has filed a lawsuit against crypto executive Donald Basile, alleging he orchestrated a $16 million fraud centered on deceptive claims about the safety of the Bitcoin Latinum token. The core of the SEC's complaint targets Basile's promotion of the token as 'insured,' a claim t...