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).
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.
And our intrepid founder? He allegedly "treated himself" to $900,000 for some harmless personal indulgences, like a little gambling spree.
