DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam

The Department of Justice (DOJ) has brought charges against a Texas man for spearheading a fraudulent digital coin scheme that swindled investors out of about $10 million. Allegedly, the suspect led a team that tricked people into buying shares in a purported digital coin known as Meta-1 Coin. The digital tokens were alleged to be backed by art or gold assets, a claim that, according to the DOJ indictment, proved to be false.

The indictment further alleges that the representatives of