Pastor indicted for 26 fraud counts over Solona Fi crypto scam, allegedly defrauding 1,500+ investors of $6M through a scheme he claimed came 'in a dream'.

My take: Both BTC and ETH showing weakness recently, and this type of fraud case doesn't help sentiment. Classic ponzi red flags - promised 35% 'risk-free' returns and pyramid recruiting. As a Turkish saying goes: when something smells like elephant dung, it usually is.

Neutral BTC, Neutral ETH