Tag: Michael Alan Stollery

CEO Of Crypto & ICO Fraud Scheme Plead Guilty!

FinTelegram Ben - July 26, 2022

Michael Alan Stollery, 54, founder and CEO of the purported crypto investment platform Titanium Blockchain Infrastructure Services Inc. (TBIS), pleaded guilty for his role in a crypto fraud scheme involving TBIS’s initial coin offering (ICO) that raised approximately $21 million from investors in the U.S. and overseas. Stollery offered its crypto token “BAR” in the ICO with false and misleading statements and did not register the ICO with the U.S. SEC, nor did he have a valid exemption from the SEC’s registration requirements.

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