The former CEO of Systematic Alpha Management LLC (SAM) pleaded guilty to a conspiracy to commit commodities fraud involving crypto futures contracts, and he is potentially facing up to a five-year prison sentence. On October 13, the United States Department of Justice said that Peter Kambolin, the former CEO of a Miami-based investment firm, was charged with operating a "cherry-picking" scheme, which he pleaded guilty to....
Former CEO of Miami Investment Firm Pleads Guilty to Crypto Futures Fraud Conspiracy
Crypto News - 13 Oct 2023 20:14
The former CEO of Systematic Alpha Management LLC (SAM) pleaded guilty to a conspiracy to commit commodities fraud involving crypto futures contracts, and he is potentially facing up to a five-year prison sentence. On October 13, the United States Department of Justice said that Peter Kambolin, the former CEO of a Miami-based investment firm, was charged with operating a "cherry-picking" scheme, which he pleaded guilty to....
Share this Article
Recommended