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The regulator took Stefan Qin and Virgil Capital to court alleging that the firm’s investors may be facing serious harm via fraud.
The SEC has taken legal action to freeze a flagship fund of cryptocurrency fund manager Virgil Capital LLC via the U.S. District Court of the Southern District of New York, alleging that the firm’s investors are at risk via fraud and related matters. The focus of the asset freeze request is the firm’s cryptocurrency trading...

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