Forbes 30 under 30 strikes again - nader al-naji

來源: oryzivore 於 2024-08-07 21:22:00 [] [舊帖] [給我悄悄話] 閱讀數 : (1554 bytes)

https://x.com/PatrickEBoyle/status/1821042362191171810

The Forbes 30 Under 30 list continues to be a remarkably accurate predictor of future fraud investigations. Perhaps it's time for a new category: "30 Under 30: Most Likely to Face SEC Charges."

Forbes strikes again! The SEC and DOJ have just charged BitClout founder Nader Al-Naji with perpetrating a multi-million-dollar fraudulent crypto asset scheme A former junior world champion rower, ex-Google software engineer, and a member of the prestigious Forbes 30 under 30 list, Al-Naji raised over $250 million in the unregistered sales and offerings of BTCLT. As expected, he used investor funds for personal use and spent over $7 million to: - Pay his own living expenses, including the rental of a six-bedroom mansion in Beverly Hills and personal credit card payments. - Fund extravagant gifts of cash (of at least $1 million each) to his wife and his mother. But here comes the crazy part. In 2021, Al-Naji rebranded BitClout to DeSo, or “decentralized social,” opening the network up to apps other than BitClout. He initially raised over $200M from top VC firms such as Andreessen Horowitz (a16z) and Winklevoss Capital Forbes remains undefeated. Jim Cramer of media.

 

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