# SEC charges two entities over alleged $130 million crypto investment fraud

_Published Thursday, October 29, 2026 at 3:02 PM EDT · Policy, Products · Latest · Tier 2 — Notable_

The SEC charged BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd over an alleged fraud that raised more than $130 million from tens of thousands of retail investors. The complaint says the entities used false SEC filings to make a purported crypto trading investment program appear legitimate.

The SEC alleges that investors were promised extraordinary, risk-free returns and shown filings as supposed proof of regulatory approval. Its lawsuit seeks injunctions, disgorgement with prejudgment interest and civil penalties. The agency separately removed BG Wealth's Form ADV and DSJ Exchange's Form D from its website.

## Sources

- [Press Releases](https://www.sec.gov/newsroom/press-releases/2026-110-two-entities-charged-130-million-fraud-scheme-used-false-sec-filings-boost-investor-confidence)

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Canonical: https://techandbusiness.org/newswire/vh-lrKN2ba4x1JHDFyJTMQ
Published: 2026-10-29T19:02:32.500Z
Story chronology: 2026-10-29T16:42:37.000Z
Retrieved: 2026-10-29T22:42:52.273Z
Publisher: Tech & Business (techandbusiness.org)