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Cryptocurrencies: 30359
Markets: 109462
Market Cap: $2,684,739,922,049     
24h Vol: $86,906,388,276
Cryptela — Cryptocurrency News and Market Intelligence
Cryptopolitan 2021-02-05 05:20:52

Founder of $100M crypto hedge fund pleads guilty to securities fraud

Founder of $100M crypto hedge fund pleads guilty to securities fraud
TL;DR Breakdown: A crypto hedge funds operator has pleaded guilty to fraud. He embezzled funds from his companies to buy luxuries. According to a Bloomberg report on Friday, an Australian national, Stefan He Qin, has admitted to committing securities frauds through his crypto hedge funds. Per the prosecutors, Qin solicited and mismanaged the funds he […]
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