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Former CEO Pleads Guilty in $21 Million Crypto Fraud Scheme, Wants to Give Money Back to Investors

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Former CEO Pleads Guilty in $21 Million Crypto Fraud Scheme, Wants to Give Money Back to Investors
The Department of Justice (DOJ) logo is pictured on a wall in New York on Dec. 5, 2013. Carlo Allegri/Reuters
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The CEO of Titanium Blockchain Infrastructure Services Inc (TBIS), a purported cryptocurrency investment platform, pleaded guilty on July 22 to his role in a cryptocurrency fraud scheme, the Department of Justice (DOJ) announced.

Michael Alan Stollery, 54, of Reseda, California, was the CEO and founder of TBIS, which was founded in 2017.

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Katabella Roberts
Katabella Roberts
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Katabella Roberts is a former writer for The Epoch Times, focusing primarily on the U.S., world, and business news.
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