Founder Of WeExchange And BitFunder Pleads Guilty To Mass Crypto Fraud

Founder Of WeExchange And BitFunder Pleads Guilty To Mass Crypto Fraud
фото показано с : cryptodaily.co.uk

2018-7-26 16:00

Jon Montroll, the founder of two US based cryptocurrency trading platforms has pled guilty to allegations of security fraud that has seen Montroll deceive both investors and the authorities on multiple counts, allowing him to manipulate investigations into hacks that had taken place within his platforms.

According to CCN:

“Texan Jon Montroll aka ‘Ukyo’ admitted to deceiving investors and the SEC during the course of operating and the subsequent investigations into bitcoin exchange ‘WeExchange’ in Australia and securities investment platform BitFunder. ”

By refusing to pass on vital information to the Securities and Exchange Commission regarding a hack at WeExchange and for actually being found to conceal the hack by manipulating the stock of coins within the exchange, suspicions led to a subsequent investigation that also saw Montroll illegally manipulating records of expenses for travel and food that in turn allowed him to steal Bitcoin from customers of his exchange.

Continue reading Founder Of WeExchange And BitFunder Pleads Guilty To Mass Crypto Fraud at Crypto Daily™.

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montroll exchange weexchange founder guilty bitfunder crypto

Источник: cryptodaily.co.uk

montroll exchange → Результатов: 14


BitFunder Owner Pleads Guilty to Securities Fraud, Faces 20 Years’ Imprisonment

The owner and operator of two defunct crypto platforms has pleaded guilty to charges of securities fraud and obstruction of justice. Jon E. Montroll was arrested in February after it emerged that he had used his platforms to steal from investors, operated an unregistered securities exchange, and lied about having knowledge of a hack on […]

2018-7-26 23:00


In today’s edition of Bitcoin in Brief we cover a number of stories related to crime from around the cryptosphere: an exchange operator pleads guilty to securities fraud, a scammer is fined over $1.9 million for bitcoin and binary options fraud,

Manhattan U.S. Attorney Geoffrey S. Berman said: “Montroll deceived his investors and then attempted to deceive the SEC. He also failed to register with the CFTC as a Commodity Pool Operator. He promised to convert this into fiat and invest it on customers’ behalf in a pooled investment, including trading binary options on an online

2018-7-25 18:25


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