Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer, were indicted by the U.S. Attorney’s Office in the Northern District of California. Schatt and Podulka were arrested and made their initial appearances in a San Francisco court earlier in the day, according to a press release published Friday.
This article was originally published by Coindesk.com. Read the original article here.