The US Securities and Exchange Commission (SEC) has suspended fraud lawsuits against cryptocurrency mining company Geosyn Mining and its executives. Public documents show that these executives are suspected of defrauding customer funds, promising to purchase and manage Bitcoin mining machines for customers, but actually misappropriating funds for personal expenses. The SEC previously stated in its lawsuit that, Geosyn、 Its CEO Caleb Joseph Ward and former Operations CEO Jeremy George McNutt deceived approximately 64 investors for $5.6 million between November 2021 and December 2022 through service agreements sold in the form of securities. （Cointelegraph） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=38017