The CEO of an investment firm has been handed a two-year prison term by United States authorities for his role in a fraudulent cryptocurrency scheme. What Happened: Peter Kambolin, the executive of Systematic Alpha Management, was found guilty of conducting a “cherry-picking” scam that cheated investors by misallocating profitable trades. The United States Department of Justice (DoJ) said, “Kambolin defrauded investors located in the United States and abroad by, among other things, depriving them of profitable trades.” In the fraudulent activity described as “cherry-picking,” Kambolin would ga…

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