Former CEO and CFO of crypto lender Cred LLC received multi-year prison sentences for wire fraud conspiracy
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最新报道：According to Bijie.com, U.S. District Court Judge William Alsup sentenced Daniel Schatt, former CEO of crypto lender Cred LLC, and Joseph Podulka, former CFO, to 52 and 36 months in federal prison, respectively, for wire fraud conspiracy. According to their plea agreements, the two conspired to present an incomplete, overly embellished, and misleading picture of Cred's business to its customers, while concealing material negative information about Cred's operational difficulties and risks.
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