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This story is part of The Speculators of Detroit, which looks at how bad actors have destabilized neighborhoods, left many residents without safe housing and cost the city hundreds of millions.

RealT, a cryptocurrency real estate company that owns hundreds of rental homes in Detroit, appears to be unraveling.

The company has stopped almost all weekly payouts to investors. It owes millions of dollars in unpaid property taxes, water bills and blight tickets. And it faces the possibility that more than 300 Detroit properties could be pushed into tax foreclosure by the end of March.

RealT’s co-founders, brothers…