Kripto AlPiyasalarSpotVadeli İşlemlerGOLDBirikimEtkinlik Merkezi
Daha Fazla
Gold vs Crypto
PANews reported on August 6 that according to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) disclosed that Huynh Tran Quang Duy (also known as Duy Huynh), the founder ofPANews reported on August 6 that according to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) disclosed that Huynh Tran Quang Duy (also known as Duy Huynh), the founder of

MyConstant founder to pay $10 million to settle SEC charges that he misappropriated investor funds to buy UST

Yazar: PANews
Kaynak: PANews
2025/08/06 11:51
Okuma süresi: 1 dk
Bu içerikle ilgili geri bildirim veya endişeleriniz için lütfen [email protected] üzerinden bizimle iletişime geçin.

PANews reported on August 6 that according to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) disclosed that Huynh Tran Quang Duy (also known as Duy Huynh), the founder of the defunct lending platform MyConstant, agreed to pay more than US$10.5 million to resolve allegations of misappropriating investor funds to purchase UST.

The SEC alleges that between September 2020 and November 2022, MyConstant raised over $20 million from over 4,000 investors, claiming the funds would be used for a low-risk cryptocurrency loan matching service with returns of 6%-10%. However, Huynh misappropriated $11.9 million of client funds to purchase UST and used approximately $415,000 for his own use. In May 2022, UST prices plummeted, resulting in losses exceeding $7.9 million on his investments. To conceal the facts, he falsely assured investors of the security of their funds and fabricated loan summary information. In mid-November 2022, MyConstant ceased operations due to the collapse of several crypto companies. Huynh is now ordered to pay over $8.3 million in ill-gotten gains, $1.5 million in interest, and a $750,000 fine, without admitting or denying the charges.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

XRP price dips to $1.40: What’s behind the latest decline?

XRP price dips to $1.40: What’s behind the latest decline?

XRP struggles at $1.40, with retail demand driving its growth despite institutional caution and broader market uncertainty.
Paylaş
Crypto.news2026/03/22 21:44
Chorus One and MEV Zone Team Up to Boost Avalanche Staking Rewards

Chorus One and MEV Zone Team Up to Boost Avalanche Staking Rewards

The post Chorus One and MEV Zone Team Up to Boost Avalanche Staking Rewards appeared on BitcoinEthereumNews.com. Through the partnership with MEV Zone, Chorus One users will earn extra yield automatically. The Chorus One Avalanche node has a total stake of over 1.7 million, valued at around $55 million. This collaboration will introduce MEV Zone to both public nodes and Validator-as-a-Service. The Avalanche network stands to benefit from fairer and more efficient markets due to enhanced transparency. Chorus One, a highly decorated institutional-grade staking provider, has inked a strategic partnership with MEV Zone to enhance yield generation on the Avalanche (AVAX) network. The Chorus One partnered with MEV Zone to increase the AVAX staking yields, while simultaneously contributing to the general growth of the Avalanche network. “At Chorus One, we see this as an important step in our ongoing journey to provide robust infrastructure and innovative yield strategies for our partners and clients,” the announcement noted.  Why Did Chorus One Partner With MEV Zone? The Chorus One platform has grown to a top-tier institutional-grade staking ecosystem, with more than 40 blockchains, since 2018. In a bid to evolve with the needs of crypto investors and the supported blockchains, Chorus One has inked several strategic partnerships in the recent past, including MEV Zone. In the recent past, MEV Zone has specialized in addressing the Maximal Extractable Value (MEV) challenges on the Avalanche network. The MEV Zone will help Chorus One’s AVAX node validator to use Proposer-Builder Separation (PBS). As such, Chorus One’s AVAX node will seamlessly select certain transactions that are more profitable when making blocks. For instance, MEV Zone will help Chorus One’s AVAX node validator to capture arbitrage and liquidation transactions more often since they are more profitable.  How will Chorus One’s AVAX Stakers Benefit Via This Partnership? The Chorus One AVAX node has grown over the years to more than 1.77 million coins staked, valued…
Paylaş
BitcoinEthereumNews2025/09/18 03:19
VP Sara: Sustain insurgency drive

VP Sara: Sustain insurgency drive

VICE-PRESIDENT (VP) Sara Duterte-Carpio on Sunday urged the Philippine Army to sustain its campaign against insurgency and terrorism while upholding institutional
Paylaş
Bworldonline2026/03/22 19:08