Texas Fraudster Faces Justice for $10 Million Digital Currency Crypto Scam According to U.S. Attorney’s Office, Northern District of Illinois, a 52-year-old from Houston, Texas, has been charged with federal fraud for leading a digital currency scheme swindling investors out of over $10 million. From 2018 to 2023, Dunlap and associates falsely marketed the Meta-1 Coin, claiming it was backed by an art and gold portfolio valued at approximately $44 billion. The indictment reveals Dunlap manipulated the Meta-1 Coin’s market price using automated software, inflating its trading volume on a fabricated exchange platform. If convicted, he faces four counts of mail fraud and was arrested in Virginia, with orders for his removal to Chicago for trial. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Biden Has Forgiven $136 Billion in Student Debt – More Could Be on the Way READ MORE Gold Prices Hit Fresh Record Highs READ MORE Gold Shines Bright in Early 2024 Amid Anticipated US Fed Rate Cut READ MORE ECB and BoC Poised to Cut Interest Rates This Week READ MORE Fed Officials Debate Future of Goods Price Declines Amid Inflation Fight READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment