They Invested in a New Cryptocurrency. They Lost Thousands of Dollars. – NBC 6 South Florida

In a video posted to a WhatsApp chat, Ryan Crawford known as “Brody” is dancing and celebrating what he says is going to be the launch of his new crypto coin called “Cheetah.”

“We are about to take over the world,” Crawford can be heard saying in the video, which was posted on Dec. 5, 2021.

According to Alberto Rivera and two others who spoke to NBC 6 Investigators, Crawford told them he was launching the new coin and a digital platform that used artificial intelligence to do crypto trading.

“So these bots on the blockchain would actually do the purchasing and the selling of cryptocurrencies,” Rivera said. “He says ‘hey listen, would you be interested in testing? So if you make your investments, what we’ll do is we’ll take the earnings that my bot generates, I’ll pass them on to you and then I’ll continue to invest.’”

In layman’s terms, cryptocurrency is a digital asset that works like a stock on the market. Each currency has a value that fluctuates depending on different factors. It has become so popular, many are launching their own digital currency. 

In this case, Crawford confirmed he offered to invest people’s money in the crypto market and in his “Cheetah” coin as part of what he called his “investment club.”  

Rivera told NBC 6 he sent Crawford close to $12,000 between crypto and cash.

“The earnings could’ve been based on how aggressively you wanted to play the market,” Rivera said.

But…

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