The operator of a crypto currency website has pleaded guilty in a federal courtroom in San Francisco to defrauding investors of nearly $1 million, according to a joint announcement from the Department of Justice and the IRS.
Ryan Mark Ginster, 35, of Corona, admitted in his plea agreement Wednesday that he operated a website beginning in February 2018 called Socialprofimatic.com designed to defraud investors by making false representations about cryptocurrency investment opportunities.
Ginster further claimed on the website that investors could"request your profits at any time you want and they'll be instantly paid to your Bitcoin/Litecoin wallet."
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