Misled by influencer, retirees lose life savings after buying crypto linked to CEO charged with fraudulent tradingMore than 350 members of a trading community led by an influencer have lost money after buying cryptocurrency he recommended. "The victims are all from a trading community led by a prominent stock trainer and financial influencer, who has been around for more than 10 years and published books on stock trading." The Stomper alleged that since late 2024, the influencer had partnered with Hong to conduct many rounds of private crypto token sales to the trading community. These coins were an exchange token under Tokenize Xchange, a trading system token and a VR token. "Community members were encouraged to purchase these crypto coins via private sale and to stake them for yields," said the Stomper.