Ex-CFO pleads guilty to stealing from SPACs to trade meme stocks, cryptocurrencies

Ex-CFO pleads guilty to stealing from SPACs to trade meme stocks, cryptocurrencies

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A former chief financial officer of multiple special purpose acquisition companies (SPACs) has pleaded guilty to embezzling more than $5 million from them, and losing almost all of it trading meme stocks and cryptocurrencies. Cooper Morgenthau, 35, of Fernandina Beach, Florida, pleaded guilty to…

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