CEO sold worthless crypto tokens and used proceeds for Hawaii condo, DOJ says

CEO sold worthless crypto tokens and used proceeds for Hawaii condo, DOJ says

Getty Images | Namthip Muanthongthae The CEO of a purported cryptocurrency investment company pleaded guilty for his role in a crypto fraud scheme that raised $21 million from investors, the Department of Justice said. Michael Alan Stollery (aka “Michael Stollaire”), 54, was CEO and founder of the California-based Titanium Blockchain Infrastructure Services (TBIS). He pleaded …

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