A former public schoolboy has been accused of being the mastermind of a multimillion-pound international cryptocurrency fraud, which netted him $30m and saw one investor commit suicide.

Daniel Harrison, who is the son of a senior City financier, is alleged to have lured American investors with an initial coin offering (ICO), used to fund the creation of a cryptocurrency.

Harrison, in his late 30s, according to US court papers, was the founder of Monkey Capital LLC, a Delaware company, and Monkey Capital Inc, a Singapore-based company, and used them for “fraudulent purposes”. The claims have been made in a civil class action filed in a Florida court. The filing comes amid increasing legal and regulatory concerns about the boom in crypto-currencies.

Harrison could not be…


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