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Crypto teacher loses student’s $1.2M investment in fake hedge fund
A crypto trading course instructor is facing charges from the United States securities regulator for misleading 15 students into investing a combined $1.2 million in a hedge fund that promised to generate lucrative returns. Despite claiming to use cutting-edge technology, he allegedly took the funds without ever launching the investment fund. According to a recent statement published by the U.S. Securities and Exchange Commission (SEC), Brian Sewell, the founder of Rockwell Capital Management, allegedly encouraged investors to place funds into a non-existent hedge fund from early 2018 to mid-2019: “The complaint ... (full story)
