The U.S. Securities and Exchange Commission (SEC) secured a $1.1 million court judgment against crypto scam defendant Jimmy Gale Watson Jr. after he failed to respond to the agency’s lawsuit. Watson, a former Navy SEAL and associate of the late celebrity John McAfee, was accused of participating in pump-and-dump schemes involving altcoins. The SEC alleged Watson used McAfee’s Twitter following to promote tokens they secretly owned, then profited from inflated prices. The default judgment includes disgorgement, interest, and penalties. Watson’s lack of legal response led the court to rule in favor of the SEC, bolstering its crypto enforcement record.
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Mkt Cap $2.30T
BTC Dom 56.76 %
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$64,943.00
▲ +1.10%
ETH
$1,914.92
▲ +0.60%
USDT
$0.999488
▲ +0.00%
BNB
$593.60
▲ +1.50%
USDC
$0.999702
▲ +0.00%
XRP
$1.03
▲ +1.00%
SOL
$74.80
▲ +2.80%
TRX
$0.327318
▲ +0.10%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.39
▼ -2.20%
DOGE
$0.070173
▲ +1.60%
USDS
$0.999807
▲ +0.00%
RAIN
$0.012707
▲ +1.40%
LEO
$9.71
▼ -0.50%
ZEC
$505.36
▲ +0.70%
ADA
$0.199944
▼ -0.70%
XMR
$380.94
▲ +3.20%
WBT
$56.17
▲ +0.90%
LINK
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▲ +1.00%
XLM
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BCH
$216.88
▲ +1.00%
USD1
$0.999894
▲ +0.00%
USDE
$0.999716
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GRAM
$1.35
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BTC
$64,943.00
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ETH
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USDT
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BNB
$593.60
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USDC
$0.999702
▲ +0.00%
XRP
$1.03
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SOL
$74.80
▲ +2.80%
TRX
$0.327318
▲ +0.10%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
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DOGE
$0.070173
▲ +1.60%
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$0.999807
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RAIN
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LEO
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ZEC
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▲ +0.70%
ADA
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XMR
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▲ +3.20%
WBT
$56.17
▲ +0.90%
LINK
$8.26
▲ +1.00%
XLM
$0.163642
▲ +1.10%
DAI
$0.99982
▲ +0.00%
BCH
$216.88
▲ +1.00%
USD1
$0.999894
▲ +0.00%
USDE
$0.999716
▲ +0.00%
GRAM
$1.35
▲ +1.10%
Mkt Cap $2.30T
BTC Dom 56.76 %
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ETH
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▲ +0.60%
USDT
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BNB
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▲ +1.50%
USDC
$0.999702
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XRP
$1.03
▲ +1.00%
SOL
$74.80
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$0.327318
▲ +0.10%
FIGR_HELOC
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HYPE
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▼ -2.20%
DOGE
$0.070173
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USDS
$0.999807
▲ +0.00%
RAIN
$0.012707
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LEO
$9.71
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ZEC
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ADA
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XMR
$380.94
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WBT
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▲ +1.00%
XLM
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USD1
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USDE
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GRAM
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