Florida Man Fails To Executive Crypto Fraud, Incredibly Succeeds At Two Others Allegedly. Allegedly. It’s hard to imagine an easier financial fraud to run these days than a cryptocurrency scam. People just can’t get enough of them. And yet, when Florida man Edgar Radjabli decided to “tokenize” interests in his fund, Apis Capital Management—which describes itself in equally irresistible ways to the eager sucker as an investment strategy that leverages “machine learning algorithmic technology”—he either failed or never really tried, according to the SEC. Radjabli and Apis Capital issued a June 2018 press release falsely claiming that the Apis Token offering had raised $1.7 million when, in fact, the offering had raised no money.