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Former CEO of Miami Investment Firm Pleads Guilty to Crypto Futures Fraud Conspiracy

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 Oc...

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Former CEO of Miami Investment Firm Pleads Guilty to Crypto Futures Fraud Conspiracy
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....
Read More: Former CEO of Miami Investment Firm Pleads Guilty to Crypto Futures Fraud Conspiracy

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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