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SEC Fines Platform Founder $10M Over Crypto-Backed Scam

By Jessica Corso ( August 5, 2025, 5:43 PM EDT) -- The owner of a shuttered lending platform has agreed to pay over $10 million to end a U.S. Securities and Exchange Commission case accusing him of defrauding customers by using their money to buy millions of dollars' worth of TerraUSD before the stablecoin collapsed....

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