A Houston man said he has hundreds of thousands of dollars invested in cryptocurrency he can’t access. Jeff McCollum thought he had done his research before investing more than $200,000 through an online investment company.
“I feel like I can pretty much lose everything,” said Jeff McCollum. “I’ll just go back to square one and just rebuild from there.”
McCollum appears to have more than $420,000 in cryptocurrency available in his account with an online investment company. However, he can’t withdraw any of those funds. McCollum tried to withdraw $2,000 from the account while speaking with KPRC 2 Investigates and received a message from the company.
“It says, ‘Sorry your account is currently not available to withdraw funds,’” said McCollum.
McCollum said a friend put him in touch with a supposed financial advisor who recommended using this company to invest in cryptocurrency.
“Both of us used to talk about cryptocurrency, we both invested. We actually did pretty well,” said McCollum....
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