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

Cointelegraph· Cointelegraph by Nate Kostar· Jul 20, 2026 · 8:27 PM
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.

This is a summary. Read the complete story at Cointelegraph below.

Read full article at Cointelegraph

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