Instagram Influencer Pleads Guilty for Stealing $2.5M in Bitcoin

[Google News Bot]

New York-based Instagram influencer Jebara Igbara—who went by the online pseudonym Jay Mazini—has pled guilty to an assortment of crimes including stealing $2.5 million worth of Bitcoin from his followers. Igbara reportedly posted on his Instagram and other social media accounts that he was willing to pay above-market prices for various cryptocurrencies, usually around 3.5% to 5% over their market value. The influencer reportedly justified the premium by claiming that traditional crypto exchanges were limiting how much Bitcoin he could purchase. According to the court fi ...

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