SEC charges ‘decentralized’ Amazon Web Services competitor with scamming investors
The Verge
JANUARY 10, 2022
The US Securities and Exchange Commission has charged the would-be creator of a “decentralized” Amazon Web Services alternative with scamming investors out of millions. He compared the service to AWS and Microsoft’s Azure and said that Crowd Machine Compute Tokens (CMCTs) could be worth between $10 and $600 apiece.
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