PANews reported on March 19 that, according to Decrypt, court documents show that US authorities have dropped charges against the founder of the decentralized social network BitClout. Last year, the federal government brought a wire fraud charge against Nader Al-Naji, accusing him of defrauding investors of $3 million through his cryptocurrency project. The US Department of Justice had alleged that Nader "obtained millions of dollars through lies and then gave that money to family and friends" and used investors' cash for a lavish lifestyle.
US authorities drop charges against founder of decentralized social network BitClout
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