“As Ivan admitted today, one of his and Sergei’s businesses promised to mine crypto and did in fact mine crypto, but not as much as it had promised; instead, it sometimes repaid customers with crypto it had purchased on the open market, said Andrey Spektor, a partner at Norton Rose Fulbright.
“As Ivan admitted today, one of his and Sergei’s businesses promised to mine crypto and did in fact mine crypto, but not as much as it had promised; instead, it sometimes repaid customers with crypto it had purchased on the open market, said Andrey Spektor, a partner at Norton Rose Fulbright.