CryptoPotato - US DOJ Charges Block Bits Founder for $1M Crypto Investment Fraud

in blockchain •  3 years ago 

https://cryptopotato.com/us-doj-charges-block-bits-founder-for-1m-crypto-investment-fraud/
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Autotrader is already up and running, bringing huge profits to Block Bits, Dillman lied to investors in June 2017.

Prosecutors allege that Dillman, along with his partner David Mata, 42, falsified company records and misrepresented the scope and capabilities of Block Bits.

By exploiting price differentials between digital currencies on various cryptocurrency exchanges, Block Bits promise high returns to investors on the profits generated.

Beware of crypto investments that are too good to be true!!

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