Beaxy Crypto Exchange’s Grand Finale Amid SEC Lawsuit
In the thrilling world of crypto, it’s time to bid adieu to Beaxy, the crypto exchange that attracted the ever-watchful gaze of the US Securities and Exchange Commission (SEC).
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The platform and its founder, Artak Hamazaspyan, face charges for operating an unregistered exchange and brokerage. But, of course, that's not all! Beaxy is also in hot water for raising a casual $8 million through its unregistered BXY token.
And our intrepid founder? He allegedly “treated himself” to $900,000 for some harmless personal indulgences, like a little gambling spree.
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