Tesla founder and CEO Elon Musk reaffirmed his support for the Doge ecosystem in a Friday interview on the Full Send Podcast. Musk who has always been vocal about his preference for the meme token rehashed his reasons for this. According to the billionaire, Dogecoin has a far greater transactional capacity than king crypto Bitcoin. DOGE Is a Better Choice in the Long Run Musk highlighted the transaction times of either blockchain to support his argument. Bitcoin processes transactions in…
Tag: ICO Fraud
US Man Sentenced to Prison for Fraud Of Over $20M From ICO Investors
A man from San Francisco will go to jail after a US court convicted him of multi-million dollar cryptocurrency fraud, as the Department of Justice (DOJ) said in a statement on Tuesday. 33-year-old Jerry Guo was sentenced to six months in prison by US District Judge Beth Labson Freeman and nearly $4.4 million in restitution after pleading guilty to ICO fraud. During the ICO craze height in 2018, Guo introduced himself to his clients as an ICO advisor and offered…
2 years ago 313
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