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$18M Crypto Heist: You Won’t Believe What Happened When Green United Tried to Get Away With Their Ponzi Scheme Scandal!

BitcoinCrypto NewsInstitutional Investors Sam Rogers September 24, 2024

A illustration of a green box with a broken lock and chains around it, surrounded by scattered coins and tokens falling out. In the background, a faint image of a blockchain can be seen crumbling apart. A Bitcoin mining rig is shown in the corner, disconnected from its supposed purpose.

Crypto scams continue to rake it in – literally! It’s a wonder these crooks can keep coming up with new and creative ways to part investors from their hard-earned cash. Green United LLC is just the latest example of this never-ending parade of Ponzi schemes, fleecing unsuspecting victims out of $18 million for ‘Green Boxes’ that were actually nothing more than Bitcoin mining rigs in disguise.

Source: cointelegraph

Green United loses bid to dismiss $18M crypto mining fraud suit
https://cointelegraph.com/news/us-judge-denies-motion-dismiss-green-united
Green United LLC has lost its bid to dismiss a lawsuit from the United States Securities and Exchange Commission, which has accused its executives of operating a fraudulent crypto mining scheme that raked in $18 million from investors. Defendants Wright Thurston and Kristoffer Krohn — who operated cryptocurrency mining firm Green United LLC — were accused by the SEC of fraudulently offering securities in March after selling “Green Boxes” and […]
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The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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