Seattle. (Credit: Oleksandr Dibrova/Adobe Stock) Ex-Startup CFO Indicted in Seattle Federal Court Over Alleged 'Secret' Transfer of $35M to Cryptocurrency Platform
Within weeks, though, the defendant lost virtually all of the startup company's $35 million in the alleged cryptocurrency-venture scheme, and only then did he tell the executives of the company what he'd done, the indictment alleges.
May 23, 2023 at 10:08 AM
3 minute read
The former CFO of a private startup company has been indicted on wire fraud charges in Seattle federal court for allegedly transferring $35 million from the company to a fledgling cryptocurrency platform he owned, knowing the platform could've potentially reaped 20% returns on the money, according to the indictment.
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