đš Crypto Comedy Hour: Green United's $18M Mining Mishap! đš
Green United LLC just lost its bid to dodge an SEC lawsuit, accused of running a fraudulent crypto mining scheme. Executives Wright Thurston and Kristoffer Krohn allegedly sold "Green Boxes" and "Green nodes" as miners for the non-existent GREEN token. Spoiler alert: they were actually Bitcoin rigs! đž
Judge Allen ruled the SEC's fraud claims stick, noting the illusion of mining rewards. The case now heads to the next legal stage.
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