Tech CEO Arrested for Alleged $364,915,550 Crypto-Themed Fraudulent Scheme: Report

A South Korean CEO is reportedly facing fraud charges for allegedly orchestrating a massive $364.9 million Ethereum (ETH)-themed crypto scheme. According to iNews24, Byun Young-oh, the CEO of tech firm Wacon, was arrested for allegedly running a pyramid scheme disguised as a legitimate crypto investment opportunity. The CEO was arrested along with an alleged accomplice The post Tech CEO Arrested for Alleged $364,915,550 Crypto-Themed Fraudulent Scheme: Report appeared first on The Daily Hodl .