By Emilie Ruscoe ( May 11, 2023, 7:47 PM EDT) -- A former executive of a now-defunct cryptocurrency venture has been hit with a nearly $257,000 default judgment in a U.S. Securities and Exchange Commission suit over allegedly misappropriated investor funds, but a federal judge refused the SEC's request for a maximum penalty after the executive partly made good on a promise to return money to investors....
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