Christine Hunsicker, the founder of clothing-rental company #CaaStle, was arrested Friday on federal fraud charges accusing her of cheating investors out of $300 million.
“one count of wire fraud, two…of securities fraud, and one count of money laundering, each of which carries a maximum sentence of 20 years in prison…one count of making false statements to a financial institution, which carries a maximum sentence of 30 years in prison, and aggravated identity theft”
#Princeton's biggest crypto boosting computer scientist Jaswinder Pal Singh has somehow ended up in the middle of an alleged corporate fraud involving (yet another) member of the Forbes 30 under 30.
I don’t know any details about this but the fact that JP Singh has been using Princeton's name to provide legitimacy to cryptocurrency for years and has now somehow landed in the middle of what looks like an egregious and massive corporate fraud going on at CaaStle is… interesting.
https://www.axios.com/2025/04/07/caastle-let-ceo-remain-after-learning-of-alleged-fraud
#JaswinderPalSingh #Forbes30Under30 #Caastle #corruption #fraud #crime #CS #compsci #ivyleague
skry
⚯ Michel de Cryptadamus ⚯