The Securities and Exchange Commission filed civil charges against a former New Jersey police officer for his alleged involvement a crypto fraud scheme targeting first responders.
Ark Invest founder, CEO and CIO Cathie Wood explains the need for transparency in banking on 'The Claman Countdown.'Securities and Exchange Commission
John DeSalvo, 47, marketed his digital token known as the "Blazar Token" to police officers, firefighters, EMTs and other first responders as a "crypto pension" that could be used to supplement existing pension plans, according to the SEC's civil complaint. The SEC filed civil charges against former New Jersey state correctional officer John DeSalvo, 47, for fraudulently raising funds through a now-collapsed unregistered crypto asset security he created and misappropriating investor funds.
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