Mmastodon WorldCrime first seen 5 d ago, last 5 d ago, peak #2
Investor describes learning his $311M crypto fund never existed
Original: Meanwhile, in # ChampagneProblems > 'Crypto King' investor recounts the moment he learned $311M investment fund didn’t e
A Canadian investor at the centre of the so-called 'Crypto King' case has recounted the moment he discovered that a $311 million investment fund did not exist, according to a CBC News report. The revelation is tied to an alleged Ponzi scheme in Toronto, and the story is drawing attention for the scale of the losses and the audacity of the fraud.
Why now: Fresh coverage of a high-profile alleged Ponzi scheme is drawing attention to the scale of the fraud and its victims.
Crypto KingCBC NewsTorontoCanada
Evidence
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