#ShareYourThroughtOn Briton Sued -Bullish

๐Ÿ“Œ Briton Sued Over ยฃ330 Million Crypto Ponzi Scheme

Peter McInnes, a 56-year-old property developer from Liverpool, is facing a civil class action lawsuit in New York, accused of operating a ยฃ330 million (~$440M) crypto-based Ponzi scheme through platforms called TradeAI and Stakx (source).

TradeAI allegedly promised investors "massive returns", but eventually stopped withdrawals and introduced Stakx as a replacement โ€” which met the same fate.

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