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US SEC Alleges BKCoin and Its Co-founder for Running a $100 Million Crypto Scam

The US Securities and Exchange Commission (SEC) filed an emergency action against the Miami-based financial advisor firm – BKCoin Management LLC – and its Co-Founder Kevin Kang, claiming they have defrauded investors with $100 million via a fraudulent crypto scheme.

The agency seeks to impose financial penalties on the organization and a conduct-based injunction against Kang.

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