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Crypto CEO accused of mocking job applicant for not being a billionaire

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A job-seeker hoping to land a role at crypto firm Trade Terminal has accused the company’s CEO, Yao Meng, of mocking him for not being a billionaire during a nightmare seven-minute interview. Peiyuan Jin was allegedly interviewing for the role of Quant Developer at the California-based firm and had already made it through three rounds of the hiring process. However, as detailed in a post on his LinkedIn account, it soon became apparent that things were about to take a turn for the worse when, according to Peiyuan, the CEO began repeatedly interrupting him.  “As I began my self-introduction, he interrupted me to mock my experience as a software engineer at John Deere, expressing disbelief that a tractor company would even need software services,” Peiyuan posted on LinkedIn. He claims that Yao then “belittled me for not ‘thinking big’ for the company and boasted that, as an intern, he once persuaded his manager to quit and join him in a crypto venture .” Peiyuan ad...

Minnesota man loses $9m in LinkedIn crypto romance scam

A man from Minnesota has fallen prey to a crypto romance scam that has cost him a staggering $9 million. The scam originated from a LinkedIn connection that lured him with false promises of quick wealth and professed love. According to reports on Aug. 2, the scam involved instructing the victim to make substantial deposits from his US Bank account into other bank accounts for supposed crypto currency investments. However, instead of investing on the victim’s behalf, the scammers funneled the money into encrypted digital crypto wallets under their control. The victim was made to believe that he was investing in “Coinrule-web3.” He even witnessed apparent profits, reinforcing his belief in the scheme’s legitimacy. Unfortunately, this was all part of the deception, and the scammers eventually demanded an exorbitant $2.8 million fee to release the alleged windfall. You might also like: Scams surge, crypto regulation in US, Worldcoin’s privacy concerns |...