📍 The SEC 🇺🇸 Accuses Tozi Capital of $100 Million in Fraud .

📍 From 2021 through early 2023, Tozi Capital offered investments in its crypto mining funds, raising nearly $95 million from more than 1,200 investors. The company also raised an additional $23 million for its debt rehabilitation work.

📍 The SEC alleges that Tozi commingled investor funds and distributed them across its various non-crypto mining projects, and that some of the funds were allegedly misappropriated by the CEO for personal use.