The U.S. Securities and Exchange Commission filed a civil lawsuit against Geosyn and its co-founders for a $5
6 million fraud scheme by misleading investors, fabricating contracts, and misappropriating funds, while also mentioning incidents related to Tornado Cash, North Korea Crypto Laundering, New European Regulations, FBI warning against unregistered crypto services, and South Korea's plans to elevate its crypto investigative unit. ```https://www.bankinfosecurity.com/cryptohack-roundup-geosyn-fraud-lawsuit-a-24999