Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
Crypto News

Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors

Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment fund called Mac Blockchain Solutions. He contacted victims in person, via […]

Related posts

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings

Gerald Hoffman

Craig Wright’s Satoshi Claims Challenged in Intense UK Court Cross-Examination

Gerald Hoffman

New Platform Echo Launches, Aims to Democratize Angel Investing in the Cryptosphere

Gerald Hoffman

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More