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Las Vegas resident charged in $45 million metaverse scam that touted trillion-dollar returns

Cryptocurrency,Las Vegas,Metaverse,Nevada,Technology

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Federal prosecutors alleged Friday that a Nevada man helped defraud 10,000 investors out of more than $45 million by touting a fake metaverse project with its own crypto token that would one day be sold for trillions of dollars. Bryan Lee, a 57 year-old Las Vegas resident, was named in a superseding indictment over his involvement in an alleged investment fraud scheme called CoinDeal. Lee was charged with conspiracy, mail fraud, wire fraud and criminal monetary transactions. Indictments in the broader case date back to June of last year. Lee...

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