Feds Indict Crypto Scheme Operator In $33M Fraud

By Philip Rosenstein (February 11, 2020, 10:09 PM EST) -- Ohio resident Michael Ackerman was indicted in the Southern District of New York on Tuesday for allegedly masterminding a scheme in which he raised more than $33 million from more than 150 investors by promoting a cryptocurrency trading algorithm he said would generate "extraordinary profits."...

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