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US Trustee Exposes ’Dishonest Debtor’ in $12.5M Crypto Bankruptcy Scandal
US Trustee Exposes ’Dishonest Debtor’ in $12.5M Crypto Bankruptcy Scandal
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Another day, another crypto collapse—but this one comes with a side of outright deception.
The $12.5M Question
Federal authorities aren't buying the story from a crypto debtor trying to hide assets. The US Trustee just dropped the hammer, calling out what looks like textbook fraud in a bankruptcy case that reeks of desperation.
Active Concealment, Passive Regrets
They’re alleging hidden wallets, shuffled funds, and a classic case of 'oops, I forgot I had millions in cold storage.' Because in crypto, accountability is someone else’s problem—until the Feds show up.
Just another reminder that while blockchain is transparent, people… well, people do what people do best. Especially when $12.5 million is on the line.
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