Silver Miller Files Lawsuit Against Creator of Alleged Crypto Ponzi Scheme

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Silver Miller Files Lawsuit Against Creator of Alleged Crypto Ponzi SchemeSilver Miller Files Lawsuit Against Creator of Alleged Crypto Ponzi Scheme

United States crypto-focused law firm Silver Miller has filed a lawsuit against a purported crypto hedge fund manager who was allegedly operating a fraudulent Ponzi scheme. The court documents were published to the Silver Miller website Dec. 26.

The case — which has been filed at the Court of the Southern (NYSE:) District of New York on behalf of multiple plaintiffs who invested in the scheme — alleges that Jeremy Spence, alongside a small cohort of accomplices, orchestrated a fake entity called “Coin Signals.” Spence is alleged to have deceptively represented himself as a successful crypto trader. He reportedly offered investors in his scheme “lucrative returns” that he claimed were generated by the series of crypto hedge funds he purported to be managing.

Continue Reading on Coin Telegraph

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