CryptoScam #SEC #PGIGlobal #CryptoFraud #MiningUpdates

✊ The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against PGI Global head Ramil Palafox. He is accused of creating a cryptocurrency pyramid that attracted $198 million from clients under the guise of investments in an 'AI platform' for crypto and forex trading.
🔻According to the SEC:
1️⃣ In 2020–2021, PGI sold 'investment packages' with promised returns of up to 200%.