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The US Department of Justice (DOJ) has announced charges against three former executives of the now-bankrupt crypto lending and investing firm Cred, alleging…
On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three…
The post Former Cred Executives Indicted for Wire Fraud and Mismanagement appeared first on Coinpedia Fintech News Three former Cred executives, including…
Cred and its successor Earnity have been accused of using many sloppy tactics from the Sam Bankman-Fried playbook.
Bankrupt Crypto Platform Says Its Only Problem Was Hiring A Guy Who Broke Out Of Jail The court-appointed examiner is not so sure. Author: The court-appointed examiner is not so sure. There are, of course, all sorts of ways one could imagine a “cryptocurrency investment platform” going belly-up. And hiring an escaped convict as its chief capital officer is certainly one of them. [James] Alexander was convicted in December 2007 in the U.K. “for crimes related to illegal money transfers, for which he was sentenced to three years and four months in prison” in England. “At the time of h...