Three Indicted In $25M Crypto Card ICO Fraud Scheme

By Cara Bayles (May 14, 2018, 10:58 PM EDT) -- A federal grand jury in New York has returned an indictment charging three Floridians with securities and wire fraud, based on allegations that they defrauded investors of $25 million by lying about their startup's cryptocurrency debit card ahead of its initial coin offering, the U.S. Attorney's Office announced Monday....

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