Crypto Platform's Ex-Brass Plead Guilty To $150M Fraud

By Bonnie Eslinger · May 13, 2025, 10:55 PM EDT

Two former executives behind bankrupt cryptocurrency investment platform Cred Inc. pled guilty Tuesday in California federal court to conspiracy to commit wire fraud, admitting they gave customers "an unreasonably positive" portrayal...

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Case Information

Case Title

USA v. Schatt et al

Case Number

Court

California Northern

Nature of Suit

Date Filed

May 01, 2024

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