Utah man sentenced to 3 Years in $2.9m fraud scheme

A Utah man has been sentenced to three years in federal prison for orchestrating a cryptocurrency investment fraud scheme that resulted in losses exceeding $2.9 million, according to the U.S. Attorney’s Office for the District of Utah.

Read Also

US soldier faces DOJ charges over Maduro prediction bets

DOJ charged a US soldier accused of using secret intelligence to make over $400K from Polymarket bets on Maduro’s capture.

Aave leads $101M DeFi rescue effort to restore rsETH backing after Kelp hack

Decentralized finance protocols have pledged more than $101 million in Ether to stabilize rsETH after the $293 million Kelp DAO

Paradigm-backed Succinct launches ZCAM iPhone app to verify real media

Succinct launches ZCAM, an iPhone app that uses cryptography to verify real photos and videos at capture.

Content