dollars through a phony crypto mining scheme. The SEC alleges that Green United, a Utah-based operation, lured investors into a multi-level marketing scheme by promising high returns from specialized crypto mining equipment called "Green Boxes."
Read MoreGreen United LLC has lost its bid to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC), which accuses the company and its executives of orchestrating a fraudulent cryptocurrency mining scheme that allegedly defrauded investors of approximately $18 million.
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