News Formal

Owner of Dallas cryptocurrency company charged with PPP fraud

  • 📰 CBS DFW
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The owner of a North Texas cryptocurrency company was federally charged on Wednesday with defrauding the Paycheck Protection Program out of hundreds of thousands of dollars.

—

According to the indictment, Corona, who owns a cryptocurrency company called HODL LLC that operates a supposed investment fund called Bitcoin Bank America, allegedly fraudulently applied for two PPP loans totaling over $413,000 through two financial technology companies partnered with lenders.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 542. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines