Fraud

CFTC Demands Utah Man to Pay $2.5 Million Settlement for Bitcoin Fraud

Bitcoin

CFTC Demands Utah Man to Pay $2.5 Million Settlement for Bitcoin Fraud

Mridul Srivastava September 9, 2023

Prominent crypto personality, Bryan Lee, faces serious charges of up to 20 years in prison related to an audacious scam, CoinDeal, which allegedly swindled investors of $45 million. The plot involved a group of companies, 'ViRSE,' which falsely projected themselves as leaders in the metaverse and crypto-assets domains. They dangled the lure of substantial returns from a supposed backing by two concealed billionaires. These claims, however, lacked any truth.

Crypto

CoinDeal Executive Faces Indictment in $45 Million Cryptocurrency Fraud Case

Toby May 19, 2023