CROWDFUNDINSIDER · 2026-10-30 21:52 UTC

SEC Refiles Civil Action Accusing DEBT Box Operators of $200 Million Crypto Offering Fraud

SEC filed civil lawsuit against DEBT Box operators, accusing them of $200 million crypto offering fraud affecting over 100,000 retail investors between November 2021 and August 2023. Defendants marketed investment contracts as license agreements promising royalties from oil, gas, agriculture, and real estate projects would support token values through a 'buy and burn' mechanism. SEC alleges defendants diverted over $101 million of investor funds to artificially prop up token prices in Ponzi-style payments, with less than $15 million reaching actual businesses and $37 million flowing to…

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