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Tag: GemGoin

SEC Files Complaint Against Chen Over GemCoins

Category: Business, Finance, News

SEC Files Complaint Against Chen Over GemCoins

The SEC has recently sued Steven Chen, president of the investment company USFIA, for unregistered sale of securities, fraud in the sale of securities, and fraud in connection with the purchase and sale of securities in regards to “GemCoin,” a digital currency scheme that, if proven, will be one of the largest scams of its kind. GemCoin was an investment…

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