Is Meta 1 coin a scam?

The United States Securities and Exchange Commission (SEC) is warning that fraudulent digital asset scheme Meta 1 Coin continues to operate. On December 21, 2021, the regulator provided a status report to the Texas Western District Court on its action against crypto scam Meta 1 Coin Trust. Let’s recall that the SEC launched this case in March 2020.

Does the SEC want a default judgement against Meta coin 1?

The SEC wants a default judgement against the people behind Meta 1 Coin, an allegedly fraudulent cryptocurrency with its own religious cosmology. Meta Coin 1 comes with its own religious cosmology. Image: Shutterstock

Did Robert Dunlap and Nicole Bowdler sell a'meta 1 coin'?

Let’s recall that the SEC launched this case in March 2020. The SEC’s complaint alleges that Florida residents Robert Dunlap and Nicole Bowdler marketed and sold a purported digital asset called the “Meta 1 Coin” in an unregistered securities offering, conducted through the Meta 1 Coin Trust.

Is META1 coin a good investment in 2022?

On a June 5, 2022 Zoom presentation with over 400 participants, Dunlap told investors that the value of Meta1 Coin had increased over the past month by 3.77%, during a period of time that the cryptocurrency market was down 30-40%, and that they should consider transferring their assets out of 401 (k) accounts and into Meta1.