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Crypto investment advisor faces SEC fraud charges after raising $4.3 million

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Crypto advisor Gabriel Edelman is facing fraud charges from the U.S. Securities and Exchange Commission for raising $4.3 million from investors and pocketing most of the money.

A crypto advisor is facing fraud charges from the U.S. Securities and Exchange Commission in connection to the $4.3 million he raised from investors. He pocketed most of the money while making some repayments to investors in a”Ponzi-like fashion,” authorities said.

 

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