December 27, 2024

Rise To Thrive

Investing guide, latest news & videos!

Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds

1 min read
Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds
Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor FundsThe founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which he then misappropriated. He faces up to 20 years in prison. Clucoin Founder […]