Dossier
insured token
Coverage of insured token in the Nexus archive.
- SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token
The SEC has sued Donald Basile, a crypto executive, for allegedly orchestrating a $16 million fraud involving false claims about an 'insured' Bitcoin Latinum token. The scheme is tied to deceptive marketing of the token as being protected by insurance.