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Signal trading ‘school’ and fake exchange rob investor of $860K: Lawsuit

cryptoweekly by cryptoweekly
June 22, 2025
in bitcoin, News
0

A Florida man says a Denver-based crypto trading school and a fake exchange tricked him into handing over $860,000 through phony trade signals.

A Florida investor says he was scammed out of $860,000 by a Denver-based trading “school” and a fake crypto exchange that promised him life-changing profits.

In a lawsuit filed last week in federal court, Brian Firestone alleges that the Alpha Stock Investment Training Center (ASITC), which operated out of downtown Denver, partnered with a fraudulent exchange called CoinBridge Partners in Cherry Creek to carry out the scheme.

Firestone says he was first approached in December by a man named John Smith, who claimed to represent ASITC. Smith offered to teach cryptocurrency trading and gifted him $500 to start.

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Recent Posts
  • Texas governor signs bill adding Bitcoin to official reserves
  • Bitcoin price risks sub-$100K dive after Trump confirms Iran strikes
  • Signal trading ‘school’ and fake exchange rob investor of $860K: Lawsuit
  • Michael Saylor’s Strategy premium is not ‘unreasonable’: Adam Back
  • Samson Mow wants Bitcoin in ‘all of Europe,’ receives invite to France
  • History suggests Bitcoin taps $330K, crypto ETF odds hit 90%: Hodler’s Digest, June 15 – 21
  • Cathie Wood's ARK dumps $146M in Circle amid share surge

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