A US court has convicted a crypto founder for orchestrating a $35 million wire-fraud scheme that misled investors about the value and use of their funds. Prosecutors said he promoted a fake digital-asset project, exaggerated technology claims, and diverted investor money toward personal expenses, including luxury travel and real estate. Evidence showed fabricated documents and manipulated token data were used to attract new buyers while covering losses. The conviction reflects US authorities’ intensified crackdown on crypto-related fraud and signals tougher consequences for founders who misuse investor capital.
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BTC Dom 56.66 %
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$65,575.00
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ETH
$1,920.63
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USDT
$0.999376
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BNB
$569.59
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USDC
$0.999955
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XRP
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$0.328741
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FIGR_HELOC
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HYPE
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RAIN
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LEO
$9.75
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WBT
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BNB
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XRP
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HYPE
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BCH
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USD1
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GRAM
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USDT
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BNB
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USDC
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XRP
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SOL
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HYPE
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DOGE
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USDS
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LEO
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ZEC
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