Ex-Cred Executives Plead Guilty to $150M Crypto Fraud Scheme
In brief Cred’s former CEO and CFO Daniel Schatt and Joseph Podulka face up to 72 months in prison after guilty pleas. The firm collapsed after Bitcoin crashed and a Chinese partner failed to repay a $40M loan. Customers filed over 6,000 claims worth more than $140M in bankruptcy proceedings. Two former top executives of […]
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