Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme

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Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Policy, #News, #Regulations, #Crime, #Canada, #Fraud, #Ponzi