Cointelegraph July 20, 2026

SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme

SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme

SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme

The SEC alleges Mining Automatic and its founder raised $22 million from investors by promising guaranteed crypto mining returns while spending only a fraction of the funds on mining operations.

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