WASHINGTON, D.C.: The US Securities and Exchange Commission said Monday its newly-created Cyber Unit shut down a digital currency investment scam, charging a company that took millions from investors, “falsely promising” a speedy, 13-fold profit.

The SEC’s Cyber Unit filed charges against and froze the assets of Dominic Lacroix, a Canadian with a history of securities law violations, and his company PlexCorps in an initial coin offering fraud.

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