Crypto CEO admits to $9.4M investor scam | CryptoTvplus
Like in every industry, scammers abound in the cryptocurrency market with a CEO admitting to defraud 2800 investors of $9.4 million.
In a case that highlights the dangers of fraudulent schemes in the fast-growing cryptocurrency world, an Oklahoman man, Travis Ford, admitted to tricking thousands of investors into giving him their money. Ford, 35, from Glenpool, was the co-founder, CEO, and lead trader of Wolf Capital Crypto Trading LLC.
Wolf Capital Crypto Trading LLC claimed to be a cryptocurrency investment firm that specialized in trading digital assets. The company promoted itself as a platform where people could invest their money and earn high returns, allegedly through advanced and sophisticated trading strategies.
Starting…