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coinpedia 2023-10-12 19:42:37

DOJ Sued Executive Over “Cheery Picking”!

The post DOJ Sued Executive Over “Cheery Picking”! appeared first on Coinpedia Fintech News Peter Kambolin, the former CEO of Systematic Alpha Management LLC, has pleaded guilty to charges involving a “cherry-picking scheme” with crypto futures contracts. Prosecutors allege Kambolin allocated profits and losses from futures trades to benefit his own accounts at the expense of clients. He defrauded US and foreign investors by depriving them of profitable trades, …

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