The post Florida Investor Alleges Fraud in Bitcoin Trading School and Fake Exchange Scheme appeared on BitcoinEthereumNews.com.

A Florida investor alleges he was defrauded of $860,000 by a Denver-based crypto trading school and a fake exchange promising lucrative trade signals. The lawsuit reveals how the Alpha Stock Investment Training Center (ASITC) and CoinBridge Partners orchestrated a sophisticated scam using signal trading to lure victims. According to COINOTAG, the victim’s account showed inflated balances reaching millions before system errors wiped out his funds, highlighting the risks of unregulated crypto platforms. Florida man claims $860K lost to Denver crypto school and fake exchange using fraudulent trade signals, spotlighting rising crypto scams and investor vulnerabilities. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Denver-Based Crypto School’s Signal Trading Scheme Exposed The Alpha Stock Investment Training Center (ASITC) allegedly employed a deceptive strategy known as signal trading to manipulate investors. This method involved “professors” sending precise trade instructions to participants, who then executed trades on the purported CoinBridge exchange. Initial gains reported by the plaintiff, Brian Firestone, created a false sense of security, encouraging further investments. Firestone’s balance reportedly surged from a modest $500 to an astonishing $2 million within weeks, a growth pattern typical of fraudulent schemes designed to build trust before collapsing. Fake Exchange CoinBridge Partners Facilitated the Fraud CoinBridge Partners, operating out of Cherry Creek, was central to the scam. Despite claims of raising $10 million from 600 investors, the exchange was entirely fictitious, as detailed in…

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Filed under: News - @ June 22, 2025 7:10 am