Crypto-Follow logo Crypto-Follow logo
The Daily Hodl 2019-11-19 18:33:11

Sentenced: ICO Fraudster Will Serve Time in US Prison for Two Crypto Scams

Two fraudulent initial coin offerings (ICOs) have landed a Brooklyn businessman, Maksim Zaslavskiy, in prison. Zaslavskiy was sentenced on Monday to 18 months behind bars for marketing RECoin as “The First Ever Cryptocurrency Backed by Real Estate.” The offerings were also sold as Diamond Reserve Club, an “exclusive and tokenized membership pool” hedged by diamonds. […]The post Sentenced: ICO Fraudster Will Serve Time in US Prison for Two Crypto Scams appeared first on The Daily Hodl.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer