Tag Archives: embezzlement

If you trade or invest in cryptocurrencies, then you’re probably no stranger to stories of crypto crime, and the latest incident involves an Australian national named Stefan He Qin, who at the time of writing, is accused of stealing as much as $90 million in digital asset funds from various investors.Stefan He Qin May Have Embezzled User FundsStefan He Qin is the founder of two crypto hedge funds: Virgin Sigma Fund LP and VQR Multi-Strategy Fund LP. According to a report issued by the U.S....

Crypto crime has been a relative constant in the digital space, and in San Francisco, a new digital currency embezzlement case has just made its way onto the roster of the U.S. Department of Justice (DOJ). The instigator this time around is a young man named Jerry Ji Guo, who has been ordered to spend half a year in jail and must pay more than $4 million to the customers he harmed financially.Guo Must Pay Penalties and Spend Time Behind BarsGuo has been found guilty of posing as a...

Daniel Blieden – a Cincinnati-based marketing executive – has pled guilty to embezzling more than $22 million in company funds to purchase cryptocurrency for online gambling ventures.Blieden Faces a Lengthy Prison TermBlieden was facing charges of both wire fraud and “aggravated identity theft.” The company he worked for was called Style Haul, in which he served as the vice president of accounting and finance. The company focused primarily on fashion media, lifestyle and beauty products. The...