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

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
Katabella Roberts
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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.

Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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