The US Securities and Exchange Commission (SEC) has halted a fraudulent crypto mining and trading scheme conducted by MCC International (Mining Capital Coin) (MCC). The SEC has charged MCC, its founders and two entities under their control for making unregistered securities offerings, and fraudulent sales of investment plans to 65,535 investors. The investment plans allegedly promised daily returns of 1% paid in Bitcoin, but investors were later required to withdraw their investments in MCC’s own token, capital coin (CPTL). Separately, the US Department of Justice (DOJ) has charged the founder and CEO of MCC in a $62 million global investment fraud scheme for fraudulent marketing of investment projects. Instead of investing investors’ funds to mine crypto, as promised, the founder allegedly diverted funds to crypto wallets under his control.