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coinpedia 2024-07-30 23:55:15

BitClout Founder Charged with Multi-Million Dollar Crypto Fraud

The post BitClout Founder Charged with Multi-Million Dollar Crypto Fraud appeared first on Coinpedia Fintech News Nader Al-Naji, the founder of BitClout, now known as Decentralized Social (DeSo), is facing serious charges. The SEC and the US Attorney’s Office for the Southern District of New York have charged him with fraud and selling unregistered securities. Misuse of Funds and False Claims The SEC claims Al-Naji raised $257 million through BitClout’s native …

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