matthew krueger seaquake krugs consulting

Fraudster CFO Re-Invents Himself; Former Seaquake Executive Matt Krueger Has New CV

Matthew J. Krueger, who until October 2022 had displayed himself on both LinkedIn and the website as the Chief Financial Officer for “digital asset infrastructure firm”,, an enterprise that specialized in bilking investors out of their money, has apparently made efforts to re-invent himself and ‘erase’ his role for, as his bio on that firm’s website, as well as that of the firm’s CEO and convicted felon Andrew R. Katz and that of “CTO” Dylan Knight were removed last month.

Krueger has apparently now re-invented himself as a venture building, consulting and financial modeling expert and offers his services through a newly-created entity called Krügs Consulting. crypto scam-andrew katz-matthew krueger-dylan-knight principals Andrew Katz (l), “CFO” Matthew J. Krueger (c) and CIO Dylan Knight

Krueger’s updated bio on LinkedIn suggests that he is a finance consultant and ‘venture builder’ under the auspices of “Krugs Consulting“. His LinkedIn bio suggests that he has operated this entity since 2018, although prior to the LinkedIn update, he made no mention of this entity, which is not registered to do business in California, or any other jurisdiction.

In his bullet-pointed prior roles and responsibilities, Krueger advertises that he is “an expert in financial models, fintech enterprises, cash settlement, and managing investor expectations”, and that he “built the financial model for a startup’s crypto mining operations for SOSV Chinaaccellerator.” He also says he was a former Head of Finance for Venmo.

Causing those who are familiar with the Seaquake Scoundrels to smirk. The Krugs Consulting website linked to Krueger’s LinkedIn profile does not display a bio of any principals of the firm, yet it indicates having offices in San Francisco, Wyoming, and Estonia. No great surprise as to San Francisco, as this is where he lives. Wyoming? Matt Krueger has proven to be fluent in establishing corporate entities (and closing them), as he has created a number of shell companies on behalf of Seaquake that are registered in Wyoming. Yet there is no Krugs Consulting registered with the State of Wyoming. Office in Estonia? Perhaps that is a favored place to domicile a crypto account these days?

Matthew J. Krueger, former CFO of Seaquake, now “principal of Krügs Consulting”

Krueger (not surprisingly) now makes NO reference to his 4-year tenure as CFO of Seaquake (or “Seaquack” as some refer to it), yet the SOSV reference on his updated LinkedIn profile is a tell, as that China-based ‘venture firm’ went to great lengths to promote the fact it had invested in Seaquake in 2020 (well after news of Seaquake scamming other investors became a matter of public record.) Though few are familiar with SOSV Chinaaccellerator, one can guess that they enable scammers as easily as Sequoia Capital did for Sam Bankman-Fried and his FTX Crypto Exchange.

Regarding Krueger’s Venmo role, a seasoned background check expert will tell you that Venmo HR records indicate he was terminated for cause.

So, in view of Krueger’s role at Seaquake, those seeking an expert in money laundering via off-shore crypto accounts, or how to open a bank account using other people’s identities, or those hoping for a playbook on how to craft fraudulent financial statements who can help perpetuate investor fraud schemes would find Mr. Krueger to be just the kind of co-conspirator for your next initiative.