Amalgam founder accused of operating “Sham Blockchain”, where he received one million dollars from investors

Prosecutors Jeremy Jordan Jones, the self -designer founder to start operating an end encryption now called Amalgam, with fraud, claimed that he had deceived investors in “Blockchain” with more than a million dollars, using money to finance lifestyle.

According to the public prosecutors, Jordan Jones drew Amsham as a technical company that established the Blwchin -based sales systems, which claimed to have partnerships of millions of dollars with sports teams including Golden Station and a professional football team in the Premier League, as well as a large group of restaurants with more than 500 restaurants. Prosecutors said that there were none of these partnerships. Jordan Jones claims that investments are potential investors by telling them that money will be used to facilitate the list of Amalgam’s encryption code on the exchange of encryption.

While it is claimed that spinning stories for investors – including the investment capital company, were identified in a 2022 Forbes article As the Brown Storter Group-Prosecutors say that Jordan Jones was blowing their money on a luxurious lifestyle for himself, including “hotels and restaurants in Miami”, car payments, and designer clothes.

“Jordan Jones, who has benefited from advertising about Blockchain technology, committed a rude planning to defraud investors,” US lawyer Jay Clayton said in a press announcement on Tuesday. “He described his company as a leading startup company in Blockchain, supported by prominent partnerships. Technology to avoid their plans.”

In addition, public prosecutors accused Jordan-Jonz of providing fake documents for a financial institution, which he used to obtain a credit card for the company, as it runs a balance of $ 350,000 before the bank closes its account.

The accusation was charged with one of the wire fraud, securities fraud, and false statements to a financial institution and stealing the tight identity-accused of imprisonment with a maximum of 82 years. Strong identity theft fees bears a mandatory minimum penalty for two years.