“The US Peace Court approved the request of New York’s federal prosecutors to withdraw a complaint against the founder of the Desoc Project of BitClout Nedra al-Engi without harming itself. About it reports LAW360 with reference to court documents. The SEC also filed an application for refusal of civil accusations against the entrepreneur at the end of February. In the summer of 2024, the authorities accused al-Ingzhi fraud using electronic means and the deception of investors of their cryptograph at least at least […]”, – WRITE: Businessua.com.ua

The US Peace Court approved the request of New York’s federal prosecutors to withdraw a complaint against the founder of the Desoc Project of BitClout Nedra al-Engi without harming itself. About This is reported by LAW360 with reference to court documents.
Sec She also filed an application for refusal of civil accusations against the entrepreneur at the end of February.
In the summer of 2024, the authorities accused al-Ingzhi of fraud using electronic means and deception of investors of their cryptograph of at least $ 3 million. The funds received, according to SEC, the entrepreneur spent “on personal needs, in particular on the rent for the property in Beverli-Gillz.
The decentralized social network BitClout tokened the profiles of popular personalities on Twitter and allowed to trade these coins, the price of which increased or fell depending on the reputation of man.
In September 2021, the project attracted $ 200 million from many investors, including Andreessen Horowitz, Coinbase Ventures and Winklvoss brothers.
However, a number of experts initially critically treated the social network and saw the signs of the pyramid in it.
We will remind, Al-Edges also stood on the bassis steiblcoin project. It closed in 2018 because of regulatory difficulties, returning $ 133 million to investors.
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