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In the week ending October 04th 2024, the fund industry is surprised as "Hedge Fund Industry's Best Fundraiser", Evan Katz (according to his LinkedIn profile) has started to promote yet another "Award-Winning" fund just seven days after the SEC's cease-and-desist order against Katz and his Crawford Ventures Absolute Return Fund LP, penalizing him $202,000 for misleading investors and using falsified documents to raise over $16 million.

On Friday Oct. 4th, Katz started promoting his new role as Managing Director at Blockforce Capital, touting it as a "multiple award-winning" cryptocurrency hedge fund with impressive performance metrics. This behavior echoes Katz's past, particularly his involvement with NIR Group in 2008, where he continued to promote funds even as the firm was freezing withdrawals.

Reports revealed that NIR Group's managing member, Corey Ribotsky, charged over $52 million in fees while offering no real returns to i......................

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