Express

Crypto City Project Bitcointopia CEO Admits Fraud And Sells Non-existent Land To Investors

Liang CHE

Summary: According to cointelegraph.com, the Los Angeles Times reported on March 8 that Morgan Rockcoon, CEO of the crypto project Bitcointopia, pleaded guilty to two cryptocurrency-related allegations in the federal court in San Diego this week. Rockcoons acknowledges that it sells non-existent land in a crypto-city project and does not have a license to operate the ...

According to cointelegraph.com, the Los Angeles Times reported on March 8 that Morgan Rockcoon, CEO of the crypto project Bitcointopia, pleaded guilty to two cryptocurrency-related allegations in the federal court in San Diego this week. Rockcoons acknowledges that it sells non-existent land in a crypto-city project and does not have a license to operate the transfer business.