David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely claimed to hold $11 million in bitcoin to secure investments. He used his attorney position to instill trust, providing fake letters on […]News Bytes, Bitcoin, Crypto, Cryptocurrency, cryptocurrency fraud, David Kagel, investment scam, News Bytes – 2, Ponzi SchemeRead More
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