Crypto Founder Jordan-Jones Faces Heat Over Alleged $1M Scam
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Another day, another crypto scandal—this time with a seven-figure price tag. Amalgam’s founder Jordan-Jones just got slapped with fraud charges, proving once again that ’trustless’ systems still require trust in the people running them.
Regulators claim the scheme siphoned $1M from investors before unraveling. But hey—at least it wasn’t a nine-figure rug pull. Progress, right?
As the case unfolds, one thing’s clear: the crypto wild west still has its share of bandits. Maybe next time investors will remember that ’DYOR’ includes vetting the humans behind the hype.
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