Crypto Scandal: Ex-Cred Executives Face Indictment for Wire Fraud – Impact on Coin Market and Symbol

Crypto Scandal: Ex-Cred Executives Face Indictment for Wire Fraud – Impact on Coin Market and Symbol

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  • Former executives from the crypto lending platform, Cred, have been indicted on charges of wire fraud and mismanagement.
  • The indictment follows the company’s bankruptcy filing in 2020, which left many investors in the lurch.
  • “This case serves as a stark reminder of the potential pitfalls of unregulated sectors,” said a spokesperson from the Department of Justice.

Former Cred executives face indictment over alleged wire fraud and mismanagement, highlighting the risks associated with unregulated sectors in the crypto industry.

Indictment of Former Cred Executives

Two former executives from the crypto lending platform, Cred, have been indicted on charges of wire fraud and mismanagement. The indictment follows the company̵... Read the full article for FREE at COINOTAG!

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