LPNEWS
A convicted hedge-fund manager assumed a fake name and wore a disguise to lure investors into a $30m cryptocurrency fraud in New York. According to the the US Securities and Exchange Commission, Boaz Manor, his business associate Edith Pardo, and two companies, CG Blockchain Inc. and BCT Inc. SEZC, have been charged with violating the anti-fraud and securities registration provisions of the federal securities laws. The group allegedly raised over $30m in a fraudulent ICO, which had the goal of launching hedge funds testing technology to record transactions on blockchain.

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