A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.

Source: [CoinTelegraph](https://cointelegraph.com/news/business-owner-280-years-24m-crypto-ponzi-scheme?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

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