Titanium Blockchain CEO Pleads Guilty in $21M Securities Fraud Case

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Titanium Blockchain CEO Pleads Guilty in $21M Securities Fraud Case

Michael Stollery, the CEO of Titanium Blockchain Infrastructure Services (TBIS), has pleaded guilty to carrying out a fraudulent initial coin offering (ICO) that raised $21 million from U.S. and overseas investors, according to a press release from the U.S. Justice Department. www.coindesk.com

Michael Stollery, the CEO of Titanium Blockchain Infrastructure Services (TBIS), has pleaded guilty to carrying out a fraudulent initial coin offering (ICO) that raised $21 million from U.S. and overseas investors, according to a press release from the U.S. Justice Department.

www.coindesk.com