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‘It was just a facade’: USI Tech CEO charged with stealing $150 million in crypto scam

Por: MarketWatch Business January 20, 2024

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The house of cards collapsed in 2018, when several state and provincial regulators in the U.S. and Canada issued cease and desist letters to USI Tech, saying it was selling unregistered securities and was in violation of a multitude of financial regulations. But instead of returning investors’ money, prosecutors said, Jicha quickly transferred $150 million to accounts he controlled overseas. For the next five years, Jicha — a 64-year-old... + full article



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