Problems at a Billion Dollar Mess

Today, The Bear Cave investigates a complicated web that spans an alleged Ponzi scheme, hundreds of millions in suspect transactions, and over a billion dollars of publicly traded market capitalization. From crypto to data centers, to fake stock transactions, to a guilty plea, and now numerous allegations of wrongful conduct, this is one of the most confusing and bizarre situations The Bear Cave has seen.

One employee recently called this company “Wolf of Wall Street Meets Enron.” We agree. Let’s dig in.