🚹 Breaking News: CluCoin Founder Pleads Guilty to $1M Investor Fraud 🚹

Austin Michael Taylor, founder of Miami-based CluCoin, has admitted to stealing over $1 million from investors and spending it on online casinos. Court docs reveal Taylor, who marketed CluCoin as a charity-focused project, diverted funds to his personal crypto wallets and online gambling sites like Stake.com.

Despite promises of a metaverse game, Taylor's gambling addiction led to his downfall. He faces up to 20 years in prison, with sentencing set for Oct. 31.

What are your thoughts on this shocking turn of events? đŸ’ŹâŹ‡ïž #CryptoNews #Blockchain