This Crypto Scam Bilked Investors Out of $11 Million—and Paid Action Star Steven Seagal to Promote It
It was a crypto scam straight out of a Steven Seagal movie, featuring the action film star himself, a private eye, a staged kidnapping, and millions of dollars that vanished into thin air. Prosecutors say the fraud left nearly 500 investors out more than $11 million in cash and a mix of established cryptocurrencies that they had plunked into a purported crypto-mining operation—with the promise of up to 200% gains within 60 to 90 days.
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