From social media accounts seemingly linked to the group, investigators believe this was not an isolated stunt. Authorities say it appears to be part of an effort to promote a cryptocurrency scheme. According to those reports, the goal is to generate attention around a digital coin in hopes of attracting investors, boosting its value, and then cashing out, leaving buyers with worthless currency.
From social media accounts seemingly linked to the group, investigators believe this was not an isolated stunt. Authorities say it appears to be part of an effort to promote a cryptocurrency scheme. According to those reports, the goal is to generate attention around a digital coin in hopes of attracting investors, boosting its value, and then cashing out, leaving buyers with worthless currency.
This article originally appeared on Hoops Hype: From social media accounts seemingly linked to the …
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