![Ex-CEO Pleads Guilty to Defrauding Investors With ‘Cherry-Picking’ Scheme Involving Crypto Futures Contracts Ex-CEO Pleads Guilty to Defrauding Investors With ‘Cherry-Picking’ Scheme Involving Crypto Futures Contracts](https://dailyhodl.com/wp-content/uploads/2023/10/pleads-cherry-picking.jpg?w=1024)
The former CEO of an investment firm marketed as offering algorithmic trading strategies involving crypto futures contracts is pleading guilty to running a cherry-picking scheme. Peter Kambolin, the owner and CEO of Systematic Alpha Management LLC (SAM), is pleading guilty to fraudulently allocating the profits and losses from futures trades when he functioned as a […]
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