Deceptive 'Cherry-Picking' Crypto Scam Results In 2-Year Jail Term For Investment Firm CEO
The CEO of an investment firm has been handed a two-year prison term by United States authorities for his role in a fraudulent cryptocurrency scheme.
What Happened: Peter Kambolin, the executive of Systematic Alpha Management, was found guilty of conducting a “cherry-picking” scam that cheated investors by misallocating profitable trades.
