- Former actor Zachery Ty Bryan is accused of pocketing $50,000 as a part of a crypto rip-off.
- The 4 folks advised The Hollywood Reporter that Bryan promised to take a position their cash.
- Nevertheless, they are saying they’ve but to see a return.
Former “House Enchancment” star Zachery Ty Bryan is accused of taking folks’s cash as a part of a cryptocurrency rip-off, based on The Hollywood Reporter.
Bryan’s profile has resurfaced years after his common present led to 1999 after an arrest in 2020 that led to a cost of felony strangulation. He’s greatest recognized for his position as Brad Taylor on “House Enchancment,” the place he acted alongside stars Tim Allen and Jonathan Taylor Thomas.
Now, 4 individuals who mentioned they gave cash to Bryan to purchase digital cash for a startup known as Producers Market advised the Hollywood Reporter that Bryan took $50,000 of their cash by promising to take a position it in a cryptocurrency alternative that didn’t exist.
“I received duped,” one supply advised The Hollywood Reporter. “It is a intestine punch, for certain.”
Bryan was introduced on as an adviser by the corporate after it heard about how the previous baby actor amassed a fortune on Bitcoin, based on The Hollywood Reporter. On the time, the corporate was contemplating a token sale — an providing of cryptocurrency tokens to personal buyers to assist fund a startup or venture.
Shortly after, he started selling the digital tokens. The issue was Producers Market had not established a token sale for the corporate at that time and finally determined towards doing so, per the outlet.
One lady who spoke to The Hollywood Reporter mentioned she pulled collectively $5,000 as a “broke school scholar” after happening a date with Bryan, who satisfied her to take a position and offered her with a contract earlier than she handed over the cash. Different sources who spoke to The Hollywood Reporter mentioned additionally they trusted the actor with their cash as a result of he was listed as a founding funding accomplice on the Producers Market web site.
A spokesperson for Producers Market advised The Hollywood Reporter when the corporate found that Bryan was providing the nonexistent tokens, it “instantly issued a cease-and-desist demand to him.”
In an interview with The Hollywood Reporter, Bryan claimed he was additionally confused by the scenario.
“This was not me working some shady rip-off deal or one thing — that is simply not me,” Bryan advised the publication. He additionally mentioned he nonetheless has a stake within the firm and would return his inventory to these accusing him of taking their cash.
Bryan has not confronted any legal fees for his time with Producers Market, and the individuals who spoke with The Hollywood Reporter mentioned they didn’t alert authorities or pursue any authorized motion.
The Hollywood Reporter characteristic on Bryan, who continues to behave and promotes his conservative views on channels like Newsmax, additionally highlights the “fall” of the actor by way of interviews with associates and former costars.
Allen additionally spoke to the outlet about his ideas on Bryan’s scenario, calling him a “nice child who has grown into a posh man.”
“I do not know what occurs when folks get corrupted. You simply do not know,” Allen advised The Hollywood Reporter.
A spokesperson for Bryan and a Producers Market consultant didn’t instantly reply to Insider’s request for remark.
