Scammer Snags $350K: Fake Gains, Real Losses

Michael McElhiney ran a bogus crypto fund, “MAC Blockchain Solutions,” duping investors out of $350,000.

He faked progress through sham dashboards and “promised” liquidity - but instead burned cash on gambling and rare art.

Even met marks through games and dating apps like a Web3 villain.

Now? 41 months behind bars + $326K restitution. Play smart, don’t get rugged.

Source: Crypto News$BTC