Business
The rise and fall of an Australian crypto prodigy – Sydney Morning Herald
Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading. Now he is facing a lengthy stint in prison after pleading guilty to securities…
I knew that what I was doing was wrong and illegal, he told US District Judge Valerie E. Caproni, who could sentence him to more than 15 years in prison. I deeply regret my actions and will spend the rest of my life atoning for what I did. I am profoundly sorry for the harm my selfish behaviour has caused to my investors who trusted in me, my employees and my family.
Eager investors
The case echoes similar cryptocurrency frauds, such as that of BitConnect, promising people double-and triple-digit…
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