South Dakota-based crypto investor

🧬 AI profile — grown from 6ic coverage Robert C. Schmidt, a South Dakota-based crypto investor, is at the center of a high-profile indictment alleging a $20 million fraud scheme. As the alleged mastermind behind the scheme, Schmidt is accused of deceiving investors with false promises and misrepresenting the value of their investments. The indictment marks a significant development in the ongoing crackdown on cryptocurrency-related crimes.