Titanium Blockchain CEO behind BARs ICO fraud, put behind bars for 4 years

The California-based CEO of Titanium Blockchain has been sentenced to 4 years of jail — placing an finish to a 2018 preliminary coin providing (ICO) saga that stripped traders of $21 million.

Michael Stollery, who based Titanium Blockchain Infrastructure Providers (TBIS), was a key determine in a “cryptocurrency fraud scheme” which concerned an preliminary coin providing for TBIS — carried out between late 2017 and early 2018, in line with the Division of Justice.

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