Creator of third-largest cryptocurrency, XRP, sued over alleged $1.4 billion unregistered offering.
Scammers allegedly used investor funds to buy cars, jewelry, and luxury homes.
Sam Sharma could face up to 15 years in prison for defrauding victims of $25 million.
Sean and Shane Hvizdzak are accused of pocketing $26 million of investors’ funds.
The median crypto hedge fund returned 30% last year, compared with a loss of 46% in 2018.
North Korean co-conspirators allegedly hacked virtual exchange, stole $230 million in virtual currency.
Actor and ‘Zen master’ agrees to pay more than $300,000 to settle charges he unlawfully touted an ICO.
The alleged victims included former MLB players, their families, and senior citizens.