SEC, DOJ file charges against creator of little-known Blazar Token

August 23, 2023

in Crypto

Reading Time: 2 mins read

The U.S. Securities and Exchange Commission (SEC) filed charges against John DeSalvo, the creator of a minor cryptocurrency called Blazar Token, on Aug. 23.

The agency said that DeSalvo created Blazar Token in 2021 and raised $620,000 from 220 investors before the token ultimately collapsed in May 2022.

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SEC, DOJ file charges against creator of little-known Blazar Token

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SEC, DOJ file charges against creator of little-known Blazar Token

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