The United States Securities and Exchange Commission has charged two siblings who have been dubbed “snake oil salesmen” over an alleged cryptocurrency fraud totaling $124 million that included misleading YouTube videos.
The United States Securities and Exchange Commission (SEC) announced in a March 8 statement that it was charging John and JonAtina (Tina) Barksdale “with defrauding thousands of retail investors out of more than $124 million through two unregistered fraudulent offerings of securities involving a digital token called ‘Ormeus Coin.’”
