US authorities have dropped charges against the founder of decentralized social network BitClout


according to Decrypt, court documents show that US authorities have dropped charges against the founder of the decentralized social network BitClout. Last year, the federal government charged Nader Al-Naji with wire fraud, accusing him of defrauding investors of $3 million through his crypto project. The US Department of Justice at the time accused Nader of "obtaining millions of dollars through lies, and then giving this money to family and friends," and using investors' cash for a lavish lifestyle.