US EditionAmalgam Founder Charged With Running ‘Sham Blockchain’, Taking $1M From Investors
- Jeremy Jordan-Jones, founder and CEO of the now-defunct crypto startup Amalgam, was charged with running a fraudulent blockchain scheme in May 2025 in New York.
- The scheme, spanning January 2021 to November 2022, involved misleading investors and fabricating claims about Amalgam's operations and partnerships to solicit more than $1 million.
- Jordan-Jones falsely represented that Amalgam had revenue-generating contracts, a positive cash balance, and operational blockchain payment products while misappropriating investment funds for personal expenses.
- Jordan-Jones has been formally accused of wire fraud, securities fraud, submitting false information to a bank, and aggravated identity theft, with the combined charges carrying a potential prison term of up to 82 years, including a mandatory minimum of two years for the identity theft offense.
- The charges highlight ongoing risks in the digital asset market and have led to SEC actions seeking to enjoin Jordan-Jones from securities violations and recover ill-gotten gains.
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US authorities detained the founder of Cryptostartarta Amalgam Capital - World Stock Market
The Prosecutor’s Office of the Southern District of New York, together with the FBI, the Securities and Exchange Commission (SEC) and the US Department of Justice (DOJ), announced the detention of Jeremy Jordan-Jones, the founder of the cryptocurrency startup of Amalgam Capital Ventures. According to the investigation, Jordan-Jones founded Amalgam Capital in 2021 and represented the company to potential investors as a promising crypto-startup,…
Amalgam Founder Jeremy Jordan-Jones Charged with $1M Crypto Fraud - Bitcoinsensus
Amalgam founder Jeremy Jordan-Jones charged with $1M crypto fraud. He presented Amalgam as a blockchain-based payment and security solutions developer, claimed partnerships with major sports brands, and promoted upcoming listings of the company’s token on global crypto exchanges. He now faces multiple charges, ranging from document falsification to identity theft, and the case is assigned to U.S. District Judge Arun Subramanian. More on the Char…
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