PANews reported on March 19 that according to Decrypt, according to court documents, the US authorities have dropped charges against the founder of the decentralized social network BitClout. Last year, the federal government filed a wire fraud charge against Nader Al-Naji, accusing him of defrauding investors of $3 million through his crypto project. The US Department of Justice accused Nader at the time of "obtaining millions of dollars through lies and then giving the money to family and friends" and using investors' cash for a luxurious lifestyle.