Alleged head of $3.5M crypto mining scam bought stake in nightclub

A man in the US is being sued by the Securities and Exchange Commission (SEC) for allegedly running a fraudulent cryptocurrency mining operation. According to a complaint dated January 8, Donald G. Blakstad swindled more than $3.5 million from investors using three separate companies. The businesses included a vehicle parts holding firm, an oil and gas firm, and “Energy Sources International” (ESI), a purported cryptocurrency mining operation where Blakstad was the only employe