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Oklahoma man pleads guilty to wire fraud conspiracy charges related to $9.4 million crypto scam https://t.co/KweZ6mjZia
COMMENT: Kang is accused of persuading acquaintances and several colleagues into investing in Nestree, noting the 100 million Korean won ($68,376) investment made by Cube Entertainment in Nestree Media Group in March 2022 as a sign of reliability. https://t.co/pB8ACG9nk9
Cryptocurrency Investment Firm Founder Pleads Guilty to Defrauding Thousands of Investors of Over $9M in Ponzi Scheme 🔗: https://t.co/xa67WFjwiB https://t.co/7wX9zriSXu
Kang Seung-kon, co-CEO of Cube Entertainment, has been accused of misleading investors regarding the Nestree cryptocurrency, promising false guarantees about its reliability. This allegation follows a $68,376 investment made by Cube Entertainment in Nestree Media Group in March 2022. In a separate case, an Oklahoma man pleaded guilty to wire fraud conspiracy charges linked to a $9.4 million cryptocurrency scam. Additionally, a man has pleaded guilty in a ransom plot that may be connected to a $240 million crypto heist, highlighting ongoing issues within the cryptocurrency investment landscape.