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Reading Time: 2 minutes The SEC recently unveiled legal action against Geosyn Mining, alleging misappropriation of $1.2 million from customer funds Caleb Ward and Jeremy McNutt, Geosyn’s co-founders, are accused of conducting an “unregistered and fraudulent securities offering” Geosyn amassed over $5 million from investors but concealed the fate of their investment, facilitating the misappropriation of funds The Securities and Exchange Commission (SEC) recently unveiled legal action against crypto-mining outfit Geosyn Mining, alleging that the company and its founders misappropriated $1.2 million of customer funds. The SEC alleges that co-founders Caleb Ward and Jeremy McNutt conducted an “unregistered and fraudulent securities offering.” Geosyn accrued