SEC Alleges Big-Talking Florida Crypto Investor Defrauded Clients of $6.8M

SEC Alleges Big-Talking Florida Crypto Investor Defrauded Clients of $6.8M
(Shutterstock)

A Florida crypto trader has been charged with duping $6.8 million from investors in his purported digital asset day trading shop.

The case is a reminder that investors in cryptocurrency should watch out for promises too good to be true. Crypto, just like all asset classes, has its share of charlatans preying on the aura of a little-understood but much-hyped investment vehicle.

What Happens if Big Tech Only Gets Bigger?

Previous

Blockstack's Clarity Smart Contracts Will Source Data From Chainlink Oracles

Next

More