Episode Details
Back to Episodes
NFT Founder Swindled $10M | Bitcoin and Crypto News
Description
NFT startup founder Taj Tarsha faces federal charges for allegedly stealing over $10 million from investors, diverting funds to gambling, crypto trading, and his lavish lifestyle—including a Miami condo and DJ gear—while faking progress on his promised marketplace. An audit in 2023 exposed his deception, and despite launching the FAR token in 2024, it crashed and became worthless. Arrested in June, Tarsha now risks up to 20 years per count if convicted on securities and wire fraud charges—a cautionary tale for the high-stakes world of crypto and startups.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/2058410135eaf577