Crypto Scammer Tells All in Bitconned Doc
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Ray Trapani was a scammer who helped run the Centra Tech crypto scam during the 2017 ICO boom. He tells his story in the Netflix documentary Bitconned.
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Trapani and partners faked executive profiles and stole a real company's idea to raise money for a fake crypto debit card.
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They fooled investors by paying for celebrity endorsements and suppressing critics by calling them "trolls spreading FUD."
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The scam unraveled when journalists investigated and revealed the executives were fake and the card didn't exist.
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Documentarian Bryan Storkel tells the story through Trapani's perspective, but seems to get caught up in his charisma and doesn't dig deeper on some questionable claims.