Israeli Crypto Giant Moshe Hogeg Charged with $290M Fraud!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Moshe Hogeg, a prominent figure in the cryptocurrency world is charged by Israeli police with defrauding investors of $290 million through digital currencies. Hogeg, who is the founder of venture capital firm Singulariteam and the owner of several blockchain-based businesses, has been accused of fraud, theft, money laundering, forgery and tax crimes. The charges come after an 18-month investigation by Israeli authorities into allegations of fraud related to the issuance of cryptocurrency tokens by Hogeg and his partners. 

Source: https://coinpedia.org/crypto-live-news/israeli-crypto-giant-moshe-hogeg-charged-with-290m-fraud/